June 12, 2014 Reforming Financial Benchmarks: An International Perspective Financial System Review - June 2014 Thomas Thorn, Harri Vikstedt Thomas Thorn and Harri Vikstedt examine the efforts being taken internationally and in Canada to enhance the governance and integrity of financial benchmarks. The report provides an overview of how interbank interest rate benchmarks are set and describes the weaknesses in the process that were exposed by the financial crisis. It also explains recent policy developments designed to make global and Canadian interbank benchmarks more robust. Content Type(s): Publications, Financial System Review articles Topic(s): Financial markets, Financial system regulation and policies, Recent economic and financial developments JEL Code(s): G, G1, G11
June 12, 2014 Making Banks Safer: Implementing Basel III Financial System Review - June 2014 Éric Chouinard, Graydon Paulin Éric Chouinard and Graydon Paulin review the progress to date in implementing Basel III, the new framework of global regulatory standards for the banking sector developed by the Basel Committee on Banking Supervision. The report highlights the expected net benefits of implementing Basel III, as well as the challenges in ensuring international consistency in measuring the risk-weighted capital of banks. It includes a discussion on how implementing Basel III has affected the banking system in Canada and other important jurisdictions, and demonstrates the need for ongoing assessment of the effects on the financial system and the macroeconomy. Content Type(s): Publications, Financial System Review articles Topic(s): Financial institutions, Financial system regulation and policies JEL Code(s): G, G2, G28
January 30, 2015 Weekly Financial Statistics - 30 January 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
January 16, 2015 Weekly Financial Statistics - 16 January 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
January 21, 2015 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Regional economic developments
December 19, 2014 Weekly Financial Statistics - 19 December 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
December 19, 2014 Results of the 19 December 2014 Term Repo Operation for Balance Sheet Management Purposes Results of today's term repo for balance sheet management purposes operation. Content Type(s): Press, Market notices
June 2, 2016 Two-Track Adjustment: The Outlook for the Canadian Economy Presentation Lawrence L. Schembri Tourism Industry Association of Nova Scotia and Cape Breton Partnership Sydney, Nova Scotia Deputy Governor Lawrence Schembri discusses the Bank of Canada’s mandate and responsibilities and the outlook for the Canadian economy Content Type(s): Press, Speeches and appearances, Presentations
The Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit Staff Working Paper 2016-26 Jason Allen, Kiana Basiri We examine the impact of the 2009 amendments to the Canadian Bankruptcy and Insolvency Act on insolvency decisions. Rule changes steered debtors out of division I proposals and into the more cost-effective division II proposals. Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial institutions, Financial system regulation and policies JEL Code(s): D, D1, D14, G, G2, K, K3, K35