Uncategorized

• September 8, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (September 14-25)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• September 8, 2020

  Bank of Canada announces the launch of the 2021 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2021 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program

• Why Do Central Banks Make Public Announcements of Open Market Operations?

  Staff Working Paper 2020-35 Narayan Bulusu

  Central banks communicate the results of open market operations. This helps participants in financial markets more accurately estimate the prevailing demand and supply conditions in the market for overnight loans.

  Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Monetary policy implementation JEL Code(s): D, D5, D52, E, E5, E58, G, G2, G21

• 2019 Cash Alternative Survey Results

  Staff Discussion Paper 2020-8 Kim Huynh, Gradon Nicholls, Mitchell Nicholson

  The role of cash in Canadians’ lives has been evolving, as innovations in digital payments have become more widely adopted over the past decade. We contribute to the Bank of Canada’s research on central bank digital currency by monitoring Canadians’ use of cash and their adoption of digital payment methods.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Central bank research, Digital currencies and fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, C9, E, E4, O, O5, O51
• August 31, 2020

  Research Update - August 2020

  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
• August 28, 2020

  Quarterly Financial Report - Second Quarter 2020

  Quarterly Financial Report - Second Quarter 2020 - For the period ended June 30, 2020

  Content Type(s): Publications, Quarterly Financial Report

• Monetary Policy and Cross-Border Interbank Market Fragmentation: Lessons from the Crisis

  Staff Working Paper 2020-34 Tobias Blattner, Jonathan Swarbrick

  We present a two-country model featuring risky lending and cross-border interbank market frictions.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Credit and credit aggregates, International financial markets, Monetary policy framework, Monetary policy transmission JEL Code(s): E, E4, E44, E5, E52, F, F3, F32, F36
• August 27, 2020

  The imperative for public engagement

  Remarks (delivered virtually) Tiff Macklem Federal Reserve Bank of Kansas City Jackson Hole Symposium Jackson Hole, Wyoming

  Governor Tiff Macklem talks about the need for the Bank to be clear, relatable and understandable when it communicates with the public.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Credibility, Monetary policy, Monetary policy and uncertainty
• August 26, 2020

  Interim RPAC Meeting (August 26 and 27, 2020)

  Topic: Operational risk

  Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
• August 26, 2020

  Towards the 2021 Renewal of the Bank of Canada’s Monetary Policy Framework

  As part of the 2021 renewal of the Bank of Canada’s inflation-control agreement with the Government of Canada, Bank staff are currently comparing several monetary policy frameworks. The primary goal of this day-long workshop is to share—and receive comments on—these comparisons.

  Content Type(s): Conferences and workshops Topic(s): Inflation targets, Monetary policy, Monetary policy framework