Posts

• May 19, 2021

  Interim RPAC Meeting (May 19 and 20, 2021)

  Topics: Future topics of engagements and format of RPAC meetings

  Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
• May 19, 2021

  Understanding the consumer price index

  The consumer price index (CPI) tracks how much the average Canadian household spends, and how that changes over time. At the Bank of Canada, we use it to target inflation.

  Content Type(s): Explainers Topic(s): Inflation and prices, Inflation targets

• An Empirical Analysis of Bill Payment Choices

  Staff Working Paper 2021-23 Anneke Kosse

  How do Canadians pay their bills? 2019 survey data collected from over 4,000 Canadian consumers show how people’s bill payment choices vary with consumer characteristics and types of bills. The data also reveal that many consumers feel limited in their choices, which suggests that preferences of billers might play an important role as well.

  Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Econometric and statistical methods, Financial services, Payment clearing and settlement systems JEL Code(s): D, D1, D9, G, G2
• May 17, 2021

  Operational details for upcoming secondary market purchases of Government of Canada securities (May 24-June 4)

  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
• May 17, 2021

  4th Bank of Canada FSRC Macro-Finance Conference

  Conference held on May 17 and 18, 2021.

  Content Type(s): Conferences and workshops

• Evolving Temperature Dynamics in Canada: Preliminary Evidence Based on 60 Years of Data

  Staff Working Paper 2021-22 Robert Amano, Marc-André Gosselin, Julien McDonald-Guimond

  Are summers getting hotter? Do daily temperatures change more than they used to? Using daily Canadian temperature data from 1960 to 2020 and modern econometric methods, we provide economists and policy-makers evidence on the important climate change issue of evolving temperatures.

  Content Type(s): Staff research, Staff working papers Topic(s): Climate change, Econometric and statistical methods JEL Code(s): C, C2, C22, Q, Q5, Q54
• May 17, 2021

  Financial System Survey highlights—Spring 2021

  This article presents the key results from the spring 2021 Bank of Canada Financial System Survey, conducted from February 22 to March 12, 2021. The survey included a special section on commercial real estate.

  Content Type(s): Publications, Financial System Survey
• May 13, 2021

  Including everyone helps all of us

  Speech summary Tiff Macklem Universities of Atlantic Canada Halifax, Nova Scotia

  Governor Tiff Macklem explains why including people from all backgrounds is good for the Bank of Canada and the entire economy.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial services, Monetary policy, Potential output
• May 13, 2021

  The benefits of an inclusive economy

  Remarks (delivered virtually) Tiff Macklem Universities of Atlantic Canada Halifax, Nova Scotia

  Governor Tiff Macklem talks about diversity and inclusion are important for the Bank of Canada, for the economics and finance profession, and for the Canadian economy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Financial services, Monetary policy, Potential output

• COVID-19’s impact on the financial health of Canadian businesses: An initial assessment

  Staff Analytical Note 2021-8 Timothy Grieder, Mikael Khan, Juan Ortega, Callie Symmers

  Despite COVID-19 challenges, bold policy measures in Canada have helped businesses manage cash flow pressures and kept insolvency filings low. But the impact of the pandemic has been uneven, and the financial health of some firms may further deteriorate over the next year.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Coronavirus disease (COVID-19), Credit and credit aggregates, Financial stability, Firm dynamics, Recent economic and financial developments, Sectoral balance sheet JEL Code(s): G, G3, G31, G32, G33, G38