Posts
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Core inflation over the COVID-19 pandemic
We assess the usefulness of various measures of core inflation over the COVID-19 pandemic. We find that Cpi-trim and CPI-median provided the best signal of underlying inflation. The favourable performance of these measures stems from their lack of reliance on historical experience, an especially valuable feature in unprecedented times. -
November 7, 2022
GMF publishes a consultation paper on a proposed fee for failing to settle GoC securities
The Government of Canada Market Functioning Steering Group (GMF) published a consultation paper and an FAQ document today on a proposed fee for failing to settle GoC bond and bill transactions. -
Fiscal Policy in the Age of COVID-19: Does It “Get in All of the Cracks”?
The COVID-19 pandemic has caused an atypical recession in which some sectors of the economy boomed and others collapsed. This required a unique fiscal policy reaction to both support firms and stimulate activity in sectors with slack. Was fiscal policy able to get where it was needed? Mostly, yes. -
November 3, 2022
Summary of Comments – Fall 2022 Debt Management Strategy Consultations
Today, the Fall 2022 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Economic and Fiscal Update 2022. -
November 3, 2022
Bank of Canada webcasts the John Kuszczak Memorial Lecture
On Thursday, November 3, 2022, the Bank of Canada will host its annual economic conference. This year’s theme is “Micro data to macro implications and how central bank policies should reflect them.” Academics, policy-makers, private sector economists and representatives from policy think tanks will be among those in attendance. -
Considerations for the allocation of non-default losses by financial market infrastructures
Non-default losses of financial market infrastructures (FMIs) have gained attention due to their potential impacts on FMIs and FMI participants, and the lack of a common approach to address them. A key question is, who should absorb these losses? -
November 3, 2022
2022 Annual Bank of Canada Economic Conference
Conference held on November 3 and 4, 2022. -
November 2, 2022
Keeping up with changes in how Canadians pay
Executive Director of Retail Payments Supervision Ron Morrow discusses how the Bank of Canada is taking on new responsibilities to help protect consumers when they pay for things. -
November 2, 2022
Preparing for payments supervision
Ron Morrow, Executive Director of Retail Payments Supervision, discusses the Bank’s new mandate and what the future holds for payment service providers.