Posts

• November 6, 2024

  Canada’s mortgage market—A question of balance

  Remarks Carolyn Rogers Economic Club of Canada Toronto, Ontario

  Senior Deputy Governor Carolyn Rogers looks at the mortgage market in Canada—past, present and future.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Financial institutions, Financial services, Financial stability, Financial system regulation and policies, Housing, Monetary policy transmission
• November 6, 2024

  Finding balance in the mortgage market

  Speech summary Carolyn Rogers Economic Club of Canada Toronto, Ontario

  Senior Deputy Governor Carolyn Rogers talks about Canada’s mortgage market and how it has evolved over time.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Financial institutions, Financial services, Financial stability, Financial system regulation and policies, Housing, Monetary policy transmission

• Mortgage stress tests and household financial resilience under monetary policy tightening

  Staff Analytical Note 2024-25 Jonathan Hartley, Nuno Paixão

  This note analyzes mortgage stress tests, a macroprudential tool. We find that when mortgage stress tests are applied to all mortgage purchase originations, they improve credit quality and reduce credit and house price growth. They also improve the resilience of borrowers to financial shocks, such as the large increase in interest rates during 2022–23.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Credit and credit aggregates, Financial institutions, Financial system regulation and policies, Monetary policy JEL Code(s): E, E5, E52, G, G2, G21, G28, G5, G50, G51
• November 6, 2024

  Bank of Canada Media Interview – Toronto Star

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Ana Pereira of the Toronto Star.

  Content Type(s): Press, Media advisories
• November 5, 2024

  Release of the Bank of Canada’s summary of deliberations

  On Tuesday, November 5, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on October 23, 2024.

  Content Type(s): Press, Media advisories
• November 5, 2024

  Summary of Governing Council deliberations: Fixed announcement date of October 23, 2024

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 23, 2024.

  Content Type(s): Publications, Summary of deliberations
• November 4, 2024

  Market Participants Survey—Third Quarter of 2024

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• November 1, 2024

  Bank of Canada Opens Registration Period for Payment Service Providers

  Media Relations Ottawa, Ontario

  The Bank of Canada said today it has opened the registration period for retail payment service providers (PSPs) that are subject to the Retail Payments Activities Act (RPAA).

  Content Type(s): Press, Press releases Topic(s): Retail payments supervision