Posts

• November 22, 2022

  Financial stability in times of uncertainty

  Remarks Carolyn Rogers Young Canadians in Finance Ottawa, Ontario

  Senior Deputy Governor Carolyn Rogers discusses the Bank’s work to monitor risks and vulnerabilities in Canada’s financial system and support greater financial stability.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Financial stability, Housing, Inflation and prices, Recent economic and financial developments

• Variable-rate mortgages with fixed payments: Examining trigger rates

  Staff Analytical Note 2022-19 Stephen Murchison, Maria teNyenhuis

  We estimate the share of variable-rate mortgages with fixed payments that reached the so-called trigger rate—the interest rate at which mortgage payments no longer cover the principal. Amid rising interest rates, this share was close to 50% at the end of October 2022 and could potentially reach 65% in 2023.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Credit and credit aggregates, Financial institutions, Interest rates, Recent economic and financial developments JEL Code(s): D, D1, E, E4, E5, G, G2, G21
• November 21, 2022

  CARR Meeting (November 21, 2022)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group

• Are Working Hours Complements in Production?

  Staff Working Paper 2022-47 Lin Shao, Faisal Sohail, Emircan Yurdagul

  Using Canadian matched employer-employee data, we show that working hours of different workers are gross complements in production rather than perfect substitutes, as is typically assumed by macroeconomic models of production.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Labour markets JEL Code(s): E, E2, E23, J, J2, J22, J23, J3, J31
• November 18, 2022

  The Government of Canada announces the issuance of a Ukraine Sovereignty Bond

  To offer Canadians an opportunity to directly support Ukraine, the Government of Canada announced that it will issue a Ukraine Sovereignty Bond. The five-year, $500 million bond, denominated in Canadian dollars, will be issued in late November 2022.

  Content Type(s): Press, Market notices

• Canada’s Beveridge curve and the outlook for the labour market

  Staff Analytical Note 2022-18 Alexander Lam

  Canada’s labour market is tight but beginning to ease. Unemployment will likely rise in turn, but the economy can avoid a recessionary surge given current conditions. Higher unemployment would nonetheless be material, especially for those directly impacted.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Business fluctuations and cycles, Central bank research, Labour markets, Recent economic and financial developments JEL Code(s): E, E3, E32, J, J2, J20, J6, J63, J64
• November 16, 2022

  CFEC Meeting (November 16, 2022)

  CIBC Capital Markets

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
• November 14, 2022

  Remarks by Tiff Macklem, Governor of the Bank of Canada

  On Monday, November 14, and Tuesday, November 15, 2022, the Bank of Canada will host the fourth annual Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking, a joint conference of the Bank of Canada, the Bank of England, the European Central Bank and the Federal Reserve Board.

  Content Type(s): Press, Media advisories
• November 14, 2022

  Opening remarks

  Remarks Tiff Macklem Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking Ottawa, Ontario

  Governor Tiff Macklem speaks about the need to make economics, finance and central banking more diverse and inclusive.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Labour markets
• November 14, 2022

  Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking

  Conference held on November 14 and 15, 2022.

  Content Type(s): Conferences and workshops