Posts

• Mortgage stress tests and household financial resilience under monetary policy tightening

  Staff Analytical Note 2024-25 Jonathan Hartley, Nuno Paixão

  This note analyzes mortgage stress tests, a macroprudential tool. We find that when mortgage stress tests are applied to all mortgage purchase originations, they improve credit quality and reduce credit and house price growth. They also improve the resilience of borrowers to financial shocks, such as the large increase in interest rates during 2022–23.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Credit and credit aggregates, Financial institutions, Financial system regulation and policies, Monetary policy JEL Code(s): E, E5, E52, G, G2, G21, G28, G5, G50, G51
• November 6, 2024

  Bank of Canada Media Interview – Toronto Star

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Ana Pereira of the Toronto Star.

  Content Type(s): Press, Media advisories
• November 5, 2024

  Release of the Bank of Canada’s summary of deliberations

  On Tuesday, November 5, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on October 23, 2024.

  Content Type(s): Press, Media advisories
• November 5, 2024

  Summary of Governing Council deliberations: Fixed announcement date of October 23, 2024

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 23, 2024.

  Content Type(s): Publications, Summary of deliberations
• November 5, 2024

  Publication: Summary of Deliberations

  13:30 (ET)
  Bank of Canada

  Content Type(s): Upcoming events
• November 4, 2024

  Release: Market Participants Survey

  10:30 (ET)
  The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.

  Content Type(s): Upcoming events
• November 4, 2024

  Market Participants Survey—Third Quarter of 2024

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• November 1, 2024

  Bank of Canada Opens Registration Period for Payment Service Providers

  Media Relations Ottawa, Ontario

  The Bank of Canada said today it has opened the registration period for retail payment service providers (PSPs) that are subject to the Retail Payments Activities Act (RPAA).

  Content Type(s): Press, Press releases Topic(s): Retail payments supervision
• October 31, 2024

  How to complete a registration application: A step-by-step guide

  This supervisory policy aims to help applicants gather the information and documents they need to complete the application form during the initial 15-day registration phase.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration
• October 31, 2024

  Registration application fee

  This supervisory policy explains the one-time fee applicants must pay when submitting an application to register as a payment service provider with the Bank.

  Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Registration