Posts

• 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
• May 31, 2016

  Research Update - May 2016

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• May 30, 2016

  Quarterly Financial Report - First Quarter 2016

  Quarterly Financial Report - First Quarter 2016 - For the period ended 31 March 2016

  Content Type(s): Publications, Quarterly Financial Report

• On the Nexus of Monetary Policy and Financial Stability: Is the Financial System More Resilient?

  Staff Discussion Paper 2016-12 Patricia Palhau Mora, Michael Januska

  Monetary policy and financial stability are closely intertwined, and the resilience of the financial system carries weight in this relationship. This paper explores whether the financial system is more resilient as a result of the G20’s post-crisis agenda for financial regulatory reform.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial stability, Financial system regulation and policies, Monetary policy framework JEL Code(s): E, E5, E52, G, G0, G01, G2, G21, G23, G28

• The Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit

  Staff Working Paper 2016-26 Jason Allen, Kiana Basiri

  We examine the impact of the 2009 amendments to the Canadian Bankruptcy and Insolvency Act on insolvency decisions. Rule changes steered debtors out of division I proposals and into the more cost-effective division II proposals.

  Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial institutions, Financial system regulation and policies JEL Code(s): D, D1, D14, G, G2, K, K3, K35