Posts

• Is a Cashless Society Problematic?

  Staff Discussion Paper 2018-12 Walter Engert, Ben Fung, Scott Hendry

  The use of bank notes in Canada for payments has declined consistently for some time, and similar trends are evident in other countries. This has led some observers to predict a cashless society in the future.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5
• October 15, 2018

  Business Outlook Survey—Autumn 2018

  Responses to the autumn Business Outlook Survey indicate that near-term business prospects continue to be robust. Strong demand and elevated capacity pressures support firms’ investment and employment intentions.

  Content Type(s): Publications, Business Outlook Survey
• October 15, 2018

  Senior Loan Officer Survey—Third Quarter of 2018

  Household lending conditions were almost unchanged this quarter, while competition for corporate borrowers continues to drive an easing in business lending conditions.

  Content Type(s): Publications, Senior Loan Officer Survey
• October 15, 2018

  CARR Meeting (October 15, 2018)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
• October 12, 2018

  Macrofinancial Issues Workshop

  This workshop, hosted by our Financial Stability Department, brings together top researchers from Canada and the United States, to discuss macro-financial issues such as the housing market, banking and regulatory policies. This event will be a precursor to two-day annual meetings of academic and business professionals more broadly focused on financial systems issues.

  Content Type(s): Conferences and workshops
• October 10, 2018

  Bank of Canada launches new program to foster collaboration with innovators

  Media Relations Ottawa, Ontario

  The Bank of Canada is looking for partners in the private sector and academia to experiment with digital tools and technology, such as artificial intelligence and machine learning.

  Content Type(s): Press, Press releases
• October 4, 2018

  Bank of Canada partners with Canadian Foundation for Economic Education to launch new website

  Media Relations Ottawa, Ontario

  Today, Bank of Canada Governor Stephen S. Poloz welcomed students and teachers to the Bank of Canada Museum for the launch of Money and Monetary Policy in Canada.

  Content Type(s): Press, Press releases

• The Size and Destination of China’s Portfolio Outflows

  Staff Discussion Paper 2018-11 Rose Cunningham, Eden Hatzvi, Kun Mo

  The size of China’s financial system raises the possibility that the liberalization of its capital account could have a large effect on the global financial system. This paper provides a counterfactual scenario analysis that estimates what the size and direction of China’s overseas portfolio investments would have been in 2015 if China had had no restrictions on these outflows.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Balance of payments and components, Econometric and statistical methods, International topics JEL Code(s): C, C2, C23, F, F2, F21, F3, F32, G, G1, G15

• Disaggregating Household Sensitivity to Monetary Policy by Expenditure Category

  Staff Analytical Note 2018-32 Tony Chernis, Corinne Luu

  Because the Bank of Canada has started withdrawing monetary stimulus, monitoring the transmission of these changes to monetary policy will be important. Subcomponents of consumption and housing will likely respond differently to a monetary policy tightening, both in terms of the aggregate effect and timing.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Business fluctuations and cycles, Domestic demand and components, Econometric and statistical methods, Housing, Interest rates, Monetary policy transmission, Recent economic and financial developments JEL Code(s): C, C3, C32, E, E2, E21, E22, E4, E43, E47, E5, E52
• October 2, 2018

  CFIF Meeting (October 2, 2018)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum