Systemic Risk and Collateral Adequacy Staff Working Paper 2019-23 Radoslav Raykov Many derivatives markets use collateral requirements calculated with industry-standard but dated methods that are not designed with systemic risk in mind. This paper explores whether the conservative nature of conventional collateral requirements outweighs their lack of consideration of systemic risk. Content Type(s): Staff research, Staff working papers Research Topic(s): Financial institutions, Financial markets JEL Code(s): G, G1, G10, G2, G20
June 24, 2019 CARR Meeting (June 24, 2019) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
November 19, 2020 Reminder: Changes to legal tender status will take effect in 2021 Media Relations Ottawa, Ontario In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government will remove legal tender status from some older bank notes as of January 1, 2021. Content Type(s): Press, Press releases
May 24, 2019 Policy on the Redemption of Contaminated or Mutilated Canadian Bank Notes This policy provides guidance on the Bank’s approach to the assessment of applications for reimbursement.
May 16, 2019 Release of the Financial System Review Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Financial System Review. Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Climate change, Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet
January 27, 2020 Modification to the Operational Details for the Bank of Canada’s Primary Market Purchases of Canada Mortgage Bonds for Balance Sheet Management Purposes The Bank of Canada (Bank) is announcing a modification to the operational details for its purchases of Canada Mortgage Bonds (CMB) for balance sheet management purposes. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
January 29, 2020 The next bank NOTE-able Canadian Our call for nominations has ended, and an independent Advisory Council has developed a short list of candidates for the next $5 bank note. Learn how the selection process unfolded.
January 21, 2020 Central bank group to assess potential cases for central bank digital currencies The Bank of Canada announces it is creating a working group with five other central banks and the Bank for International Settlements to assess the potential cases for central bank digital currencies. Content Type(s): Press, Announcements Research Topic(s): Digital currencies and fintech
January 22, 2020 Monetary Policy Report – January 2020 The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021. Content Type(s): Publications, Monetary Policy Report