Posts

• November 16, 2020

  Bank of Canada and OSFI launch pilot project on climate risk scenarios

  Media Relations Ottawa, Ontario

  The Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system related to a transition to a low-carbon economy.

  Content Type(s): Press, Press releases
• November 16, 2020

  CARR Meeting (November 16, 2020)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
• November 12, 2020

  Helping the economy after the COVID‑19 pandemic

  Speech summary Carolyn A. Wilkins Munk School of Global Affairs and Public Policy Toronto, Ontario

  The pandemic won’t last forever. Senior Deputy Governor Carolyn A. Wilkins talks about what the economy will need once we’re past the COVID-19 crisis.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Business fluctuations and cycles, Central bank research, Climate change, Coronavirus disease (COVID-19), Debt management, Digital currencies and fintech, Expectations, Financial institutions, Financial stability, Financial system regulation and policies, Firm dynamics, Fiscal policy, Inflation targets, Interest rates, Labour markets, Monetary policy communications, Monetary policy framework, Payment clearing and settlement systems, Potential output, Productivity, Recent economic and financial developments
• November 12, 2020

  Exploring life after COVID-19: the far side of the moon

  Remarks (delivered virtually) Carolyn A. Wilkins Munk School of Global Affairs and Public Policy Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins discusses what the economy will need once we’re past the COVID-19 crisis.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Central bank research, Climate change, Coronavirus disease (COVID-19), Debt management, Digital currencies and fintech, Expectations, Financial institutions, Financial stability, Financial system regulation and policies, Firm dynamics, Fiscal policy, Inflation targets, Interest rates, Labour markets, Monetary policy communications, Monetary policy framework, Payment clearing and settlement systems, Potential output, Productivity, Recent economic and financial developments

• Assessing Global Potential Output Growth: October 2020

  Staff Discussion Paper 2020-10 Xin Scott Chen, Ali Jaffery, Guillaume Nolin, Karim Salhab, Peter Shannon, Subrata Sarker

  This paper presents updated estimates of potential output growth for the global economy through 2022. Global potential output growth is expected to decline sharply in the aftermath of the COVID-19 pandemic and recover partially by the end of the projection horizon of the October 2020 Monetary Policy Report.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Potential output, Productivity JEL Code(s): E, E1, E10, E2, E20, O, O4
• November 9, 2020

  Return to the Government of Canada Treasury Bill Standard Terms for Auctions

  The Bank of Canada today announced a return to normal standard terms for auctions of Government of Canada Treasury Bills.

  Content Type(s): Press, Market notices
• November 9, 2020

  Bank of Canada announces amendments to targeted facilities and programs that support liquidity and short-term funding markets

  Reflecting the continued improvement in the functioning of short-term funding markets and financial markets more generally, the Bank of Canada (the Bank) is announcing amendments to the Provincial Money Market Purchase (PMMP) program and to the amount of Government of Canada treasury bills acquired at auction.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program, Standing Term Liquidity Facility
• November 9, 2020

  Bank of Canada announces short list for next $5 bank note

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that the independent Advisory Council has selected a short list of eight iconic Canadians who could be featured on the next $5 bank note.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• November 9, 2020

  Quarterly Financial Report - Third Quarter 2020

  Quarterly Financial Report - Third Quarter 2020 - For the period ended September 30, 2020

  Content Type(s): Publications, Quarterly Financial Report

• How Should Unemployment Insurance Vary over the Business Cycle?

  Staff Working Paper 2020-47 Serdar Birinci, Kurt See

  Should unemployment benefits be more generous during economic downturns? The optimal amount and duration of benefit payments ultimately depend on the demographic and wealth characteristics of benefit recipients.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Fiscal policy, Labour markets JEL Code(s): E, E2, E24, E3, E32, J, J6, J64, J65