Posts

• March 5, 2018

  Inaugural recipients of Master’s Scholarship Award for Women in Economics and Finance announced

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the first ever recipients of its Master’s Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Press releases
• March 1, 2018

  Central Bank of the Year Award

  Remarks Stephen S. Poloz Central Banking Awards 2018 London, United Kingdom

  Governor Stephen S. Poloz accepts the Central Bank of the Year award from Central Banking.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 28, 2018

  Research Update - February 2018

  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
• February 27, 2018

  Summary of Comments – 2018–19 Debt Management Strategy Consultations

  Today, the 2018–19 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Debt Management Strategy for 2018–19.

  Content Type(s): Press, Market notices
• February 27, 2018

  Background information on the bank note legal tender initiative in Budget 2018

  Media Relations Ottawa, Ontario

  The Bank of Canada today published additional information on the federal government’s 2018 budget initiative to seek the authority to remove legal tender status from Canadian bank notes.

  Content Type(s): Press, Press releases
• February 22, 2018

  Banking and Financial Statistics - February 2018

  Content Type(s): Publications, Historical: Banking and Financial Statistics

• The “Too Big to Fail” Subsidy in Canada: Some Estimates

  Staff Working Paper 2018-9 Patricia Palhau Mora

  Implicit government guarantees of banking-sector liabilities reduce market discipline by private sector stakeholders and temper the risk sensitivity of funding costs. This potentially increases the likelihood of bailouts from taxpayers, especially in the absence of effective resolution frameworks.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G1, G13, G2, G21, G28
• February 15, 2018

  Anchoring Expectations: Canada’s Approach to Price Stability

  Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba

  Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credibility, Fiscal policy, Inflation and prices, Inflation targets, Monetary policy framework
• February 12, 2018

  Wilfrid Laurier University crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  Wilfrid Laurier University has won the Bank of Canada’s third annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge

• High-Frequency Trading and Institutional Trading Costs

  Staff Working Paper 2018-8 Marie Chen, Corey Garriott

  Using data on Canadian bond futures, we examine how high-frequency traders (HFTs) interact with institutions building large positions. In contrast to recent findings, we find HFTs in the data act as small-sized liquidity suppliers, and we reject the hypothesis that they engage in back running, a predatory trading strategy.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Financial system regulation and policies, Market structure and pricing JEL Code(s): G, G1, G14, G2, G20, L, L1, L10