October 3, 2023
Posts
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October 3, 2023
Le Devoir
Nicolas Vincent, Deputy Governor of the Bank of Canada
Interview with Le Devoir -
October 3, 2023
Midi info on Radio-Canada
Nicolas Vincent, Deputy Governor of the Bank of Canada
Interview with Midi info on Radio-Canada -
September 30, 2023
Quarterly Research Update – 2023 Q3
This 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. -
Predicting Changes in Canadian Housing Markets with Machine Learning
We apply two machine learning algorithms to forecast monthly growth of house prices and existing homes sales in Canada. Although the algorithms can sometimes outperform a linear model, the improvement in forecast accuracy is not always statistically significant. -
Anonymous Credentials: Secret-Free and Quantum-Safe
An anonymous credential mechanism is a set of protocols that allows users to obtain credentials from an organization and demonstrate ownership of these credentials without compromising users’ privacy. In this work, we construct the first secret-free and quantum-safe credential mechanism. -
Should Banks Be Worried About Dividend Restrictions?
A regulator would want to restrict dividends to force banks to rebuild capital during a crisis. But such a policy is not time-consistent. A time-consistent policy would let banks gradually rebuild capital and pay dividends even when their equity remains below pre-crisis levels. -
Tattle-tails: Gauging downside risks using option prices
Options markets offer unique insights into the changing risks different assets face, which helps us better understand the broader risks to the Canadian economy. We show how option prices help reveal that investors did not anticipate large downside risks to either major Canadian banks or economic growth during the March 2023 financial sector system stress, a period when policy-makers and investors were unsure of what the future held for Canada’s economy. -
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September 24, 2023
Unclaimed Properties Office
Search for unclaimed bank balances, make a claim, and check the status of a claim. Learn how and where to redeem your Canada Savings Bonds.