Non-Bank Financial Intermediation in Canada: An Update Staff Discussion Paper 2019-2 Guillaume Bédard-Pagé Non-bank financing provides an important funding source for the economy and is a valuable alternative to traditional banking. It helps enhance the efficiency and resiliency of the financial system while giving customers more choices for their financial services. Unlike banking, it is not prudentially regulated. Content Type(s): Staff research, Staff discussion papers Topic(s): Financial institutions, Financial markets, Financial stability JEL Code(s): G, G0, G01, G2, G20, G23
March 19, 2019 Summary of Comments – 2019-20 Debt Management Strategy Consultations Today, the 2019-20 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Debt Management Strategy for 2019-20. Content Type(s): Press, Market notices
March 18, 2019 Fellowship Program Learn about the 2019 recipients of the Fellowship and Governor’s Awards. Content Type(s): Press, Announcements Source(s): Fellowship Program
Non-Resident Taxes and the Role of House Price Expectations Staff Analytical Note 2019-8 Mikael Khan, Matthieu Verstraete In recent years, the governments of Ontario and British Columbia have imposed taxes on purchases by non-Canadian residents of residential properties in certain jurisdictions. Content Type(s): Staff research, Staff analytical notes Topic(s): Financial stability, Housing JEL Code(s): D, D8, D84, R, R2, R21
March 14, 2019 Global leverage makes financial system vulnerable, Senior Deputy Governor Wilkins says Media Relations Vancouver, British Columbia Global debt is now US$100 trillion higher than just before the financial crisis and more than three times global gross domestic product (GDP), presenting a headwind to growth and making the financial system vulnerable, Senior Deputy Governor Carolyn A. Wilkins said today. Content Type(s): Press, Press releases
March 14, 2019 The Age of Leverage Remarks Carolyn A. Wilkins UBC Vancouver School of Economics and CFA Society Vancouver Vancouver, British Columbia Senior Deputy Governor Carolyn A. Wilkins discusses how high leverage is both a headwind to global growth and a vulnerability in the global financial system. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Balance of payments and components, Credit risk management, Financial institutions, Financial stability, Financial system regulation and policies, Fiscal policy
March 12, 2019 2019 Fellowship Program: Award recipients The Bank of Canada is pleased to announce the 2019 recipients of the Bank’s Fellowship Award and Governor’s Award.
March 8, 2019 Bank of Canada names winners of women’s scholarship award Media Relations Ottawa, Ontario The Bank of Canada marked International Women’s Day by announcing the 2018-2019 recipients of its Master’s Scholarship Award for Women in Economics and Finance. Content Type(s): Press, Press releases