March 22, 2023 Release of the Bank of Canada’s summary of deliberations On Wednesday, March 22, 2023, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on March 8, 2023. Content Type(s): Press, Media advisories
March 22, 2023 Social media The Bank of Canada recognizes that social media platforms represent important tools for providing information about our programs and services.
March 20, 2023 Bank of Canada announces the recipients of the 2023 Fellowship Program Awards Learn about the recipients of the Fellowship and Governor’s Awards for 2023. Content Type(s): Press, Announcements Source(s): Fellowship Program
March 20, 2023 2023 Fellowship Program: Award recipients The Bank of Canada is pleased to announce the recipients of the Bank’s 2023 Fellowship Award and Governor’s Award.
March 19, 2023 Coordinated Central Bank Action to Enhance the Provision of U.S. Dollar Liquidity The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. Content Type(s): Press, Announcements
Persistent Debt and Business Cycles in an Economy with Production Heterogeneity Staff Working Paper 2023-17 Aubhik Khan, Soyoung Lee We examine the role of debt in amplifying and propagating recessions. Firms’ debt adjustment makes recessions deeper but makes expansions gradual. In particular, when the aggregate business leverage is ten percentage points above average, the half-life of the recovery doubles. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Firm dynamics, Productivity JEL Code(s): E, E2, E23, E3, E30, E32
March 13, 2023 Law Enforcement Award of Excellence for Counterfeit Deterrence The call for nominations is open until April 21, 2023. Content Type(s): Press, Announcements