May 14, 2020 Financial System Review—2020 This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery. Content Type(s): Publications, Financial Stability Report
May 13, 2020 CFIF Meeting (May 13, 2020) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
May 13, 2020 Liquidity Conditions in Canadian Fixed-Income Markets During Covid-19 - May 13, 2020 Liquidity Conditions in Canadian Fixed-Income Markets During Covid-19
May 11, 2020 The Bank of Canada launches application period for 2020 scholarship awards The application period is open until August 1. These awards are designed to assist students with disabilities, Indigenous students and those who identify as a member of a visible minority group in furthering their education. Content Type(s): Press, Announcements
Endogenous Time Variation in Vector Autoregressions Staff Working Paper 2020-16 Danilo Leiva-Leon, Luis Uzeda We introduce a new class of time-varying parameter vector autoregressions (TVP-VARs) where the identified structural innovations are allowed to influence — contemporaneously and with a lag — the dynamics of the intercept and autoregressive coefficients in these models. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Inflation and prices, Monetary policy transmission JEL Code(s): C, C1, C11, C3, C32, E, E3, E31, E5, E52
Is Central Bank Currency Fundamental to the Monetary System? Staff Discussion Paper 2020-2 Hanna Armelius, Carl Andreas Claussen, Scott Hendry In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system. 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
May 6, 2020 Annual Report 2019 The Annual Report outlines the Bank’s activities and achievements in 2019. It includes the financial statements and a message from Governor Stephen S. Poloz. Content Type(s): Publications, Annual Report
May 6, 2020 The Bank of Canada Releases Its Annual Report for 2019 Media Relations The Bank of Canada’s Annual Report for 2019 was tabled in the House of Commons today. Content Type(s): Press, Press releases