Financial stability

• Characterizing the Canadian Financial Cycle with Frequency Filtering Approaches

  Staff Analytical Note 2018-34 Andrew Lee-Poy

  In this note, I use two multivariate frequency filtering approaches to characterize the Canadian financial cycle by capturing fluctuations in the underlying variables with respect to a long-term trend. The first approach is a dynamically weighted composite, and the second is a stochastic cycle model.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Financial stability, Monetary and financial indicators, Recent economic and financial developments JEL Code(s): C, C0, C01, C1, C13, C14, C18, C3, C32, C5, C51, C52, E, E3, E32, E6, E66, G, G0, G01, G1, G18

• Multibank Holding Companies and Bank Stability

  Staff Working Paper 2018-51 Radoslav Raykov, Consuelo Silva-Buston

  This paper studies the relationship between bank holding company affiliation and the individual and systemic risk of banks. Using the 2005 hurricane season in the US as an exogenous shock to bank balance sheets, we show that banks that are part of a holding parent company are more resilient than independent banks.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G1, G2
• October 16, 2018

  Keeping the financial system healthy

  

  Joshua Slive, Donald Coletti

  We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Credit risk management, Financial stability, Financial system regulation and policies, International topics, Sectoral balance sheet
• October 1, 2018

  Decrypting “Crypto”

  Remarks Timothy Lane Haskayne School of Business - University of Calgary Calgary, Alberta

  Deputy Governor Timothy Lane discusses the Bank of Canada’s research and responses to public interest in cryptocurrencies.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Cryptoassets, Cryptocurrencies, Digital currencies and fintech, Financial stability