Uncategorized

• September 20, 2016

  Lower-for-longer interest rates require adjustments, Governor Poloz says

  Media Relations Québec, Québec

  Canadians need to understand the forces that have led to a prolonged period of low interest rates and make adjustments, Bank of Canada Governor Stephen S. Poloz said.

  Content Type(s): Press, Press releases
• September 20, 2016

  Living with Lower for Longer

  Remarks Stephen S. Poloz Association des économistes québécois, the Cercle finance du Québec and CFA Québec Québec, Québec

  Governor Stephen S. Poloz talks about the adjustments that savers and companies need to make in response to low interest rates, and economic policies that can help.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credit and credit aggregates, Interest rates, International topics, Monetary policy, Potential output, Trade integration
• September 16, 2016

  Weekly Financial Statistics - 16 September 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Implementing Cross-Border Interbank Lending in BoC-GEM-FIN

  Staff Discussion Paper 2016-19 Malik Shukayev, Argyn Toktamyssov

  BIS interbank lending data show that the Great Recession generated large and persistent changes in the international interbank lending positions of various countries. The main objective of this study is to understand the role of changes in international interbank credit flows in transmitting shocks across borders.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Business fluctuations and cycles, Economic models, International topics JEL Code(s): E, E2, E27, E3, E37, F, F4, F47
• September 14, 2016

  Slow global growth poses risks for financial stability, says Senior Deputy Governor Wilkins

  Media Relations London, United Kingdom

  The decline in the global economy’s potential to grow, and the lower interest rates that come with it, pose risks for financial stability, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. Those risks can be mitigated through deliberate efforts from the private sector and policy-makers.

  Content Type(s): Press, Press releases
• September 14, 2016

  (S)low for Long and Financial Stability

  Remarks Carolyn A. Wilkins Official Monetary and Financial Institutions Forum City Lecture London, United Kingdom

  Senior Deputy Governor Carolyn Wilkins discusses the financial stability risks associated with slow growth and low interest rates, and explores strategies to mitigate them.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Financial markets, Financial stability, Interest rates, International topics, Monetary policy implementation, Potential output

• Household Risk Assessment Model

  Technical Report No. 106 Brian Peterson, Tom Roberts

  Household debt can be an important source of vulnerability to the financial system. This technical report describes the Household Risk Assessment Model (HRAM) that has been developed at the Bank of Canada to stress test household balance sheets at the individual level.

  Content Type(s): Staff research, Technical reports Research Topic(s): Financial stability, Housing, Sectoral balance sheet JEL Code(s): C, C0, C6, C63, C65, D, D0, D1, D14

• Using Speed and Credit Limits to Address the Procyclicality of Initial Margin at Central Counterparties

  Staff Discussion Paper 2016-18 Nikil Chande, Nicholas Labelle

  This paper proposes a practical approach to address the procyclicality of initial margin at central counterparties (CCPs) that can work even in periods of extreme stress. The approach allows CCPs to limit the speed of margin increases resulting from spikes in market volatility.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Financial markets, Financial stability, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): G, G1, G18
• September 9, 2016

  Weekly Financial Statistics - 9 September 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• September 8, 2016

  Debt Management Strategy Consultations – 2017-18

  The Department of Finance and the Bank of Canada are seeking views of Government Securities Distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2017-18 and beyond.  Regular consultations with market participants are an integral and valued part of the debt management process.

  Content Type(s): Press, Market notices