December 8, 2016 Viola Desmond chosen as the Bank NOTE-able woman to be featured on new $10 bank note Media Relations Gatineau, Quebec Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu today announced that Viola Desmond will be featured on a new $10 bank note, expected in late 2018. Content Type(s): Press, Press releases
December 2, 2016 Weekly Financial Statistics - 2 December 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
December 1, 2016 Bank of Canada announces details of forthcoming changes to its published foreign exchange rate data Media Relations Ottawa, Ontario The Bank of Canada today announced a final list of the 26 foreign currency exchange rates that it will continue to publish after 1 March 2017. Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
Supervising Financial Regulators Staff Working Paper 2016-52 Josef Schroth How much discretion should local financial regulators in a banking union have in accommodating local credit demand? I analyze this question in an economy where local regulators privately observe expected output from high lending. They do not fully internalize default costs from high lending since deposit insurance cannot be priced fairly. Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Regional economic developments JEL Code(s): E, E4, E44, G, G2, G28, H, H7
April 28, 2016 Banking and Financial Statistics - April 2016 Content Type(s): Publications, Historical: Banking and Financial Statistics
Should Monetary Policy Lean Against Housing Market Booms? Staff Working Paper 2016-19 Sami Alpanda, Alexander Ueberfeldt Should monetary policy lean against housing market booms? We approach this question using a small-scale, regime-switching New Keynesian model, where housing market crashes arrive with a logit probability that depends on the level of household debt. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial stability, Housing, Monetary policy framework JEL Code(s): E, E4, E44, E5, E52, G, G0, G01
April 19, 2016 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good morning, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be back to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. I extend particular greetings to the new members of this committee, and look forward to being with you twice a year to talk about […] Content Type(s): Press, Speeches and appearances, Opening statements
April 15, 2016 Bank of Canada announces recipients of 2016 Fellowship and Governor’s awards Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce Professor Daniel Trefler from the Rotman School of Management at the University of Toronto and Professor Francesco Trebbi from the University of British Columbia’s Vancouver School of Economics as the 2016 recipients of the Bank’s Fellowship Award. Content Type(s): Press, Press releases Source(s): Fellowship Program
April 14, 2016 Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation. Content Type(s): Press, Market notices
April 13, 2016 Bank of Canada Announces Details of its Term Repo Operations The Bank of Canada announced today that it will conduct term repo operations. Content Type(s): Press, Market notices