Is a Cashless Society Problematic? Staff Discussion Paper 2018-12 Walter Engert, Ben Fung, Scott Hendry The use of bank notes in Canada for payments has declined consistently for some time, and similar trends are evident in other countries. This has led some observers to predict a cashless society in the future. Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5
October 15, 2018 Business Outlook Survey—Autumn 2018 Responses to the autumn Business Outlook Survey indicate that near-term business prospects continue to be robust. Strong demand and elevated capacity pressures support firms’ investment and employment intentions. Content Type(s): Publications, Business Outlook Survey
October 15, 2018 Senior Loan Officer Survey—Third Quarter of 2018 Household lending conditions were almost unchanged this quarter, while competition for corporate borrowers continues to drive an easing in business lending conditions. Content Type(s): Publications, Senior Loan Officer Survey
October 15, 2018 CARR Meeting (October 15, 2018) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
October 12, 2018 Fiscal agent for the Government of Canada We are the fiscal agent for the Government. We provide treasury-management services and manage Canada’s public debt programs and foreign exchange reserves.
October 12, 2018 Macrofinancial Issues Workshop This workshop, hosted by our Financial Stability Department, brings together top researchers from Canada and the United States, to discuss macro-financial issues such as the housing market, banking and regulatory policies. This event will be a precursor to two-day annual meetings of academic and business professionals more broadly focused on financial systems issues. Content Type(s): Conferences and workshops
October 10, 2018 Bank of Canada launches new program to foster collaboration with innovators Media Relations Ottawa, Ontario The Bank of Canada is looking for partners in the private sector and academia to experiment with digital tools and technology, such as artificial intelligence and machine learning. Content Type(s): Press, Press releases
October 4, 2018 Bank of Canada partners with Canadian Foundation for Economic Education to launch new website Media Relations Ottawa, Ontario Today, Bank of Canada Governor Stephen S. Poloz welcomed students and teachers to the Bank of Canada Museum for the launch of Money and Monetary Policy in Canada. Content Type(s): Press, Press releases
The Size and Destination of China’s Portfolio Outflows Staff Discussion Paper 2018-11 Rose Cunningham, Eden Hatzvi, Kun Mo The size of China’s financial system raises the possibility that the liberalization of its capital account could have a large effect on the global financial system. This paper provides a counterfactual scenario analysis that estimates what the size and direction of China’s overseas portfolio investments would have been in 2015 if China had had no restrictions on these outflows. Content Type(s): Staff research, Staff discussion papers Topic(s): Balance of payments and components, Econometric and statistical methods, International topics JEL Code(s): C, C2, C23, F, F2, F21, F3, F32, G, G1, G15