Tattle-tails: Gauging downside risks using option prices Staff Analytical Note 2023-13 Greg Adams, Maksym Tupis Options markets offer unique insights into the changing risks different assets face, which helps us better understand the broader risks to the Canadian economy. We show how option prices help reveal that investors did not anticipate large downside risks to either major Canadian banks or economic growth during the March 2023 financial sector system stress, a period when policy-makers and investors were unsure of what the future held for Canada’s economy. Content Type(s): Staff research, Staff analytical notes Topic(s): Financial markets, Monetary policy and uncertainty, Recent economic and financial developments JEL Code(s): E, E4, E44, E5, E52
September 25, 2023 CARR Meeting (September 25, 2023) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
September 25, 2023 Bank of Canada settlement account access policy for the Real-Time Rail This policy establishes the requirements that the applicant must meet for the Bank of Canada to consider granting a settlement account for the Real-Time Rail.
September 25, 2023 Bank of Canada settlement account access policy for Lynx and the Automated Clearing Settlement System This policy establishes the requirements that the applicant must meet for the Bank of Canada to consider granting a settlement account for Lynx or the Automated Clearing Settlement System. Requirements are similar for both systems.
September 25, 2023 The Bank of Canada’s settlement account policies for Payments Canada payment systems Read about the policies for Lynx, the Automated Clearing Settlement System and Real-Time Rail, and learn how to apply for a settlement account for these payment systems.
September 24, 2023 Contact us The head office in Ottawa and the regional offices serve as contact points for Canadians requiring assistance to access services offered by the Bank.
September 24, 2023 Unclaimed Properties Office Search for unclaimed bank balances, make a claim, and check the status of a claim. Learn how and where to redeem your Canada Savings Bonds.
September 20, 2023 CFIF Meeting (September 20, 2023) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
Digitalization: Definition and Measurement Staff Discussion Paper 2023-20 Guyllaume Faucher, Stephanie Houle This paper provides an overview of digitalization and its economic implications. We assess the scope of digitalization in Canada as well as the challenges related to its measurement. Content Type(s): Staff research, Staff discussion papers Topic(s): Digitalization, Potential output JEL Code(s): E, E0, E01, O, O3, O33, O5, O51