March 27, 2018 Government of Canada Debt Distribution Framework Review Consultations A consultation document pertaining to the design of the Government of Canada debt distribution framework, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
Firm Dynamics and Multifactor Productivity: An Empirical Exploration Staff Working Paper 2018-15 Pierre St-Amant, David Tessier There are indications that business dynamism has declined in advanced economies. In particular, firm entry and exit rates have fallen, suggesting that the creative destruction process has lost some of its vitality. Meanwhile, productivity growth has slowed. Some believe that lower entry and exit rates partly explain the weaker productivity growth. Content Type(s): Staff research, Staff working papers Topic(s): Firm dynamics, Productivity JEL Code(s): D, D2, D24, M, M1, M13, O, O4, O47
Did Canadian Corporate Bond Funds Increase their Exposures to Risks? Staff Analytical Note 2018-7 Rohan Arora, Nadeem Merali, Guillaume Ouellet Leblanc Canadian corporate bond mutual funds have rapidly increased in number and size in recent years. Their holdings have also become riskier, increasing their exposures to credit risk, interest rate risk and liquidity risk. We also briefly discuss financial stability implications. Content Type(s): Staff research, Staff analytical notes Topic(s): Financial markets, Financial stability JEL Code(s): G, G1, G2, G20, G23
March 26, 2018 Annual Report 2017 The Annual Report outlines the Bank’s activities and achievements in 2017. It includes the financial statements and a message from Governor Stephen S. Poloz. Content Type(s): Publications, Annual Report
March 26, 2018 CARR Meeting (March 26, 2018) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
March 26, 2018 The Bank of Canada releases its Annual Report for 2017 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2017 was tabled in the House of Commons today. Content Type(s): Press, Press releases
March 23, 2018 Bank of Canada announces recipients of 2018 Fellowship and Governor’s awards Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce that Stephen D. Williamson of Western University and Peter F. Christoffersen of the University of Toronto are the 2018 recipients of the Bank’s Fellowship Award. Content Type(s): Press, Press releases Source(s): Fellowship Program
March 22, 2018 Financial system safer, but job not done, says Senior Deputy Governor Wilkins Media Relations Toronto, Ontario While much has been accomplished to make the financial system more resilient, the job is not done, Senior Deputy Governor Carolyn A. Wilkins told the audience today at a conference on lessons from the crisis at the University of Toronto’s Rotman School of Management. “We have accomplished much over the past decade, and we are […] Content Type(s): Press, Press releases