March 10, 2017 Weekly Financial Statistics - 10 March 2017 Content Type(s): Publications, Historical: Weekly Financial Statistics
March 1, 2017 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
February 9, 2017 Getting to the Core of Inflation Remarks Lawrence L. Schembri Department of Economics, Western University London, Ontario Deputy Governor Lawrence Schembri discusses the uses and measures of core inflation in the conduct of monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Central bank research, Inflation and prices, Inflation targets, Monetary policy, Recent economic and financial developments
February 3, 2017 Bank of Canada Announces a Reduction to the Minimum Amount of Government of Canada Nominal Bonds it Acquires at Auction The Bank of Canada announced today that it is decreasing its minimum purchase amount of nominal bonds at auctions to 14 per cent from the current 15 per cent level, effective immediately. Content Type(s): Press, Market notices
January 30, 2017 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Sylvain Leduc House of Commons Standing Committee on Finance Ottawa, Ontario Deputy Governor Sylvain Leduc discusses household debt and house prices, the risks they pose to financial stability and the role of the Bank of Canada. Content Type(s): Press, Speeches and appearances, Opening statements
January 26, 2017 Bank of Canada Directors - Appointment Opportunities The Government of Canada is currently seeking applications from Canadians interested in the position of Director, Bank of Canada. For more information, please see the Governor in Council Appointments website. Content Type(s): Press, Announcements
Bitcoin Awareness and Usage in Canada Staff Working Paper 2017-56 Christopher Henry, Kim Huynh, Gradon Nicholls There has been tremendous discussion of Bitcoin, digital currencies and FinTech. However, there is limited empirical evidence of Bitcoin’s adoption and usage. We propose a methodology to collect a nationally representative sample using the Bitcoin Omnibus Survey (BTCOS) to track the ubiquity and usage of Bitcoin in Canada. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Digital currencies and fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, E, E4
Do Liquidity Proxies Measure Liquidity in Canadian Bond Markets? Staff Analytical Note 2017-23 Jean-Sébastien Fontaine, Jeffrey Gao, Jabir Sandhu, Kobe Wu This analytical note evaluates the reliability of proxies for measuring liquidity in Canadian bond markets. We find that price-impact and bid-ask proxies paint a similar picture of evolving liquidity conditions to that obtained from richer measures of liquidity for benchmark Government of Canada bonds. Content Type(s): Staff research, Staff analytical notes Topic(s): Debt management, Financial markets JEL Code(s): G, G1, G12, G14, G2, G23, G3, G32
December 14, 2017 Three Things Keeping Me Awake at Night Remarks Stephen S. Poloz Canadian Club Toronto Toronto, Ontario Governor Stephen S. Poloz discusses his long-term economic preoccupations now that the Canadian economy has nearly completed its journey home. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Digital currencies and fintech, Financial stability, Housing, Monetary policy, Payment clearing and settlement systems, Potential output
November 30, 2017 Banking and Financial Statistics - November 2017 Content Type(s): Publications, Historical: Banking and Financial Statistics