Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
1390
result(s)
March 23, 2012
Weekly Financial Statistics - 23 March 2012
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
March 16, 2012
Weekly Financial Statistics - 16 March 2012
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
March 9, 2012
Weekly Financial Statistics - 9 March 2012
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
March 2, 2012
Weekly Financial Statistics - 2 March 2012
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
February 24, 2012
Weekly Financial Statistics - 24 February 2012
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
February 24, 2012
Banking and Financial Statistics - February 2012
Content Type(s):
Publications,
Historical: Banking and Financial Statistics
February 23, 2012
This special issue, “Household Finances and Financial Stability,” examines recent Bank of Canada research into two interrelated facts: the steady increase in Canadian household indebtedness in recent decades, and the upward trend in real house prices in Canada since 2000. Rising house prices could lead to the accumulation of debt, and abrupt movements in either factor can influence the financial health of households, which are a central part of Canada’s economy.
Bank of Canada Review - Winter 2011-2012
Content Type(s):
Publications,
Bank of Canada Review
February 23, 2012
What Explains Trends in Household Debt in Canada?
Similar to the experiences in many other countries, household indebtedness in Canada has exhibited an upward trend over the past 30 years. Both mortgage and non-mortgage (consumer) credit have contributed to this development. In this article, the authors use microdata to highlight the main factors underlying the strong trend increase since the late 1990s. Favourable housing affordability, owing to factors such as income growth and low interest rates, has supported significant increases in home-ownership rates and mortgage debt. Much of the rise in consumer credit has been facilitated by higher housing values (used as collateral for loans) and financial innovation that makes it easier for households to access this credit.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Credit and credit aggregates
JEL Code(s):
D,
D1,
D12,
D14,
E,
E5,
E51
February 23, 2012
Household Borrowing and Spending in Canada
Understanding how much of the increased debt load of Canadian households has been used to finance household spending on consumption and home renovation is important for the conduct of monetary policy. In this article, the authors use a comprehensive data set that provides information on the uses of debt by Canadian households. They first present some facts regarding the evolution of Canadian household debt over the period from 1999 to 2010, emphasizing the increased importance of debt flows that are secured by housing. They then explore how Canadian households have used their borrowed funds over the same period, and assess the role of these borrowed funds in financing total consumption and spending on home renovation. Finally, they examine the possible effects of a decline in house prices on consumption when housing equity is used as collateral against household indebtedness.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Credit and credit aggregates,
Domestic demand and components,
Monetary policy transmission
JEL Code(s):
E,
E2,
E21,
E5,
E51,
H,
H3,
H31