Toni Gravelle - Latest

• June 10, 2020

  Our COVID-19 response: Keeping markets liquid

  Toni Gravelle

  When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
• June 4, 2020

  Supporting markets during the crisis

  Speech summary Toni Gravelle Greater Sudbury Chamber of Commerce Sudbury, Ontario

  Speaking a day after the Bank left the policy rate unchanged, Deputy Governor Toni Gravelle explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial markets, Financial stability, Monetary policy, Recent economic and financial developments
• June 4, 2020

  Greater Sudbury Chamber of Commerce - Media Availability (Webcasts)

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle of the Bank of Canada speaks before the Greater Sudbury Chamber of Commerce by videoconference. (15:15 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• June 4, 2020

  Greater Sudbury Chamber of Commerce - Speech (Webcasts)

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle of the Bank of Canada speaks before the Greater Sudbury Chamber of Commerce by videoconference. (14:00 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• June 4, 2020

  Economic progress report: keeping markets working

  Remarks (delivered virtually) Toni Gravelle Greater Sudbury Chamber of Commerce Sudbury, Ontario

  Deputy Governor Toni Gravelle discusses the Bank’s latest interest rate announcement and explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Financial markets, Financial stability, Monetary policy, Recent economic and financial developments
• May 14, 2020

  Financial System Review Summary—2020

  

  Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence L. Schembri, Paul Beaudry, Toni Gravelle

  This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery.

  Content Type(s): Publications, Financial Stability Report
• June 13, 2013

  Monitoring and Assessing Risks in Canada’s Shadow Banking Sector

  Financial System Review - June 2013 Toni Gravelle, Timothy Grieder, Stéphane Lavoie

  Content Type(s): Publications, Financial System Review articles

• What Matters in Determining Capital Surcharges for Systemically Important Financial Institutions?

  Staff Discussion Paper 2011-9 Céline Gauthier, Toni Gravelle, Xuezhi Liu, Moez Souissi

  One way of internalizing the externalities that each individual bank imposes on the rest of the financial system is to impose capital surcharges on them in line with their systemic importance.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial system regulation and policies JEL Code(s): C, C1, C15, C8, C81, E, E4, E44, G, G0, G01, G2, G21

• Measuring Systemic Importance of Financial Institutions: An Extreme Value Theory Approach

  Staff Working Paper 2011-19 Toni Gravelle, Fuchun Li

  In this paper, we define a financial institution’s contribution to financial systemic risk as the increase in financial systemic risk conditional on the crash of the financial institution. The higher the contribution is, the more systemically important is the institution for the system.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): C, C1, C14, C5, C58, G, G2, G21, G3, G32
• December 9, 2010

  Contingent Capital and Bail-In Debt: Tools for Bank Resolution

  Financial System Review - December 2010 Chris D'Souza, Liane Orsi, Toni Gravelle, Walter Engert

  Content Type(s): Publications, Financial System Review articles