Technological Progress and Monetary Policy: Managing the Fourth Industrial Revolution Staff Discussion Paper 2019-11 Stephen S. Poloz This paper looks at the implications for monetary policy of the widespread adoption of artificial intelligence and machine learning, which is sometimes called the “fourth industrial revolution.” Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Financial stability, Monetary policy and uncertainty, Monetary policy framework JEL Code(s): C, C5, E, E3, O, O1, O11, O3, O33
November 13, 2019 Bank of Canada’s Intention to Introduce a Standing Term Liquidity Facility The Bank of Canada (Bank) is announcing its intention to introduce a new liquidity facility, the Standing Term Liquidity Facility (STLF). The STLF will complement the Bank’s current tools for the provision of liquidity and will strengthen the Bank’s role as lender of last resort. Content Type(s): Press, Market notices Source(s): Standing Term Liquidity Facility
November 13, 2019 Quarterly Financial Report - Third Quarter 2019 Quarterly Financial Report - Third Quarter 2019 - For the period ended September 30, 2019 Content Type(s): Publications, Quarterly Financial Report
November 13, 2019 Information on the Standing Term Liquidity Facility The Bank of Canada regularly reviews its Framework for Market Operations and Liquidity Provision to ensure it remains in line with the evolution of the Canadian financial system. Content Type(s): Background materials Source(s): Standing Term Liquidity Facility
November 12, 2019 Cyber Security: Breaking Down Barriers Remarks Filipe Dinis Information Technology Association of Canada Toronto, Ontario Chief Operating Officer Filipe Dinis discusses the need for greater collaboration across sectors to enhance Canada’s cyber resiliency. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Cyber defenses, Cyber security, Financial stability
November 7, 2019 2019 Bank of Canada Annual Conference: Learning About The Digital Economy Conference held on November 7 and 8, 2019. Content Type(s): Conferences and workshops
2018 Bitcoin Omnibus Survey: Awareness and Usage Staff Discussion Paper 2019-10 Christopher Henry, Kim Huynh, Gradon Nicholls, Mitchell Nicholson The Bank of Canada continues to use the Bitcoin Omnibus Survey (BTCOS) to monitor trends in Canadians’ awareness, ownership and use of Bitcoin. The most recent iteration was conducted in late 2018, following an 85 percent decline in the price of Bitcoin throughout the year. Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, E, E4, O, O5, O51