June 28, 2019 Business Outlook Survey—Summer 2019 Results from the summer Business Outlook Survey point to a slight improvement in business sentiment after a moderation in the previous survey. Investment and hiring intentions continue to be healthy. Content Type(s): Publications, Business Outlook Survey
June 28, 2019 Senior Loan Officer Survey—Second Quarter of 2019 For household lending, mortgage conditions eased, while non-mortgage lending conditions remained unchanged. Overall business lending conditions eased slightly, driven mainly by small and commercial businesses outside the Prairies as well as corporates. Content Type(s): Publications, Senior Loan Officer Survey
June 27, 2019 Bank of Canada announces partnership to improve resilience in financial sector Media Relations Ottawa, Ontario The Bank’s cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021. Content Type(s): Press, Press releases Source(s): Canadian Financial Sector Resiliency Group
June 25, 2019 The Tenth International Workshop on Theoretical and Experimental Macroeconomics Macroeconomic theories have traditionally been tested using non‐experimental data from the field. However, modern, micro‐based macroeconomic models can also be tested in the laboratory, which affords better causal inference, and researchers have begun to pursue such experimental tests. Content Type(s): Conferences and workshops
June 24, 2019 CARR Meeting (June 24, 2019) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
June 21, 2019 Resolution regime for Canada’s financial market infrastructures The Bank of Canada is the resolution authority for Canadian financial market infrastructures (FMIs) that have been designated by the Governor under the Payment Clearing and Settlement Act (PCSA).
Systemic Risk and Collateral Adequacy Staff Working Paper 2019-23 Radoslav Raykov Many derivatives markets use collateral requirements calculated with industry-standard but dated methods that are not designed with systemic risk in mind. This paper explores whether the conservative nature of conventional collateral requirements outweighs their lack of consideration of systemic risk. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial markets JEL Code(s): G, G1, G10, G2, G20
June 17, 2019 Flexible Exchange Rates, Commodity Prices and Price Stability Remarks Lawrence L. Schembri Economics Society of Northern Alberta (ESNA) Edmonton, Alberta Deputy Governor Lawrence Schembri speaks before the Economics Society of Northern Alberta (ESNA). Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Exchange rate regimes, Exchange rates, Financial markets, Inflation targets, Monetary policy framework
June 17, 2019 The merits of a floating exchange rate Speech summary Lawrence L. Schembri Economics Society of Northern Alberta (ESNA) Edmonton, Alberta Deputy Governor Lawrence Schembri explains how Canada’s monetary policy framework—inflation targeting underpinned by a flexible exchange rate—has proved to be the most durable in the post-war period. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Exchange rate regimes, Exchange rates, Financial markets, Inflation targets, Monetary policy framework