Posts

• Timing of Banks’ Loan Loss Provisioning During the Crisis

  Staff Working Paper 2016-27 Leo de Haan, Maarten van Oordt

  We estimate a panel error correction model for loan loss provisions, using unique supervisory data on flow of funds into and out of the allowance for loan losses of 25 Dutch banks in the post-2008 crisis period. We find that these banks aim for an allowance of 49% of impaired loans.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G0, G01, G2, G21, G3, G32
• June 4, 2016

  Monetary/fiscal policy mix has implications for debt and financial stability, Governor Poloz says

  Media Relations Ottawa, Ontario

  In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.

  Content Type(s): Press, Press releases

• The Doug Purvis Memorial Lecture—Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message

  Staff Discussion Paper 2016-13 Stephen S. Poloz

  In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Financial stability, Fiscal policy, Monetary policy framework JEL Code(s): E, E3, E37, E5, E6, E63
• June 4, 2016

  Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message

  Lecture Stephen S. Poloz Canadian Economics Association Ottawa, Ontario

  Governor Stephen S. Poloz discusses how the mix of monetary and fiscal policies in an economy has important implications for debt levels and financial stability over the medium term.

  Content Type(s): Press, Speeches and appearances, Lectures Topic(s): Central bank research, Economic models, Fiscal policy, Inflation targets, Monetary policy, Monetary policy framework
• June 3, 2016

  Weekly Financial Statistics - 3 June 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• June 3, 2016

  Policy Guidance on the Bank of Canada’s Risk-Management Standards for Systemic Financial Market Infrastructures

  The Bank of Canada today published final supplementary guidance related to its Risk-Management Standards for Systemic Financial Market Infrastructures (FMIs) following a public consultation process.

  Content Type(s): Press, Market notices
• June 2, 2016

  Maturity Dates and Target Range Sizes for 3-Year Bonds

  Earlier this year, the Government of Canada announced the reintroduction of 3-year bonds as part of the Debt Management Strategy for 2016-17, with issuance details for this sector to be made public following consultation with market participants.

  Content Type(s): Press, Market notices
• June 2, 2016

  Two-Track Adjustment: The Outlook for the Canadian Economy

  Presentation Lawrence L. Schembri Tourism Industry Association of Nova Scotia and Cape Breton Partnership Sydney, Nova Scotia

  Deputy Governor Lawrence Schembri discusses the Bank of Canada’s mandate and responsibilities and the outlook for the Canadian economy

  Content Type(s): Press, Speeches and appearances, Presentations