March 24, 2020 Bank of Canada Announces New Program to Support Provincial Funding Markets The Bank of Canada today announced a new program to support the liquidity and efficiency of provincial government funding markets. Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
March 19, 2020 Results of today’s Canada Mortgage Bond purchase operation Today the Bank of Canada purchased $305,000,000 of Canada Mortgage Bonds in the secondary market. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
March 18, 2020 Bank of Canada employees to work remotely Media Relations Ottawa, Ontario The Bank of Canada today announced that it has completed arrangements for all employees to telework until further notice to protect the health of our staff and reduce the risk of transmission of COVID-19. Content Type(s): Press, Announcements
March 16, 2020 New Bank of Canada Measures to Support Key Funding Markets The Bank of Canada is committed to supporting the efficient and continuous functioning of financial markets during the current period of uncertainty in which conditions are evolving rapidly. Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility
March 13, 2020 Bank of Canada’s Intention to Introduce a Bankers’ Acceptance Purchase Facility In order to support the continuous functioning of financial markets, the Bank of Canada (Bank) is announcing its intention to launch the Bankers’ Acceptance Purchase Facility (BAPF). Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility
A Uniform Currency in a Cashless Economy Staff Analytical Note 2020-7 Walter Engert, Ben Fung A number of questions can arise when considering the implications of a cashless society. This note considers whether cash is necessary for a uniform currency. Content Type(s): Staff research, Staff analytical notes 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
IMPACT: The Bank of Canada’s International Model for Projecting Activity Technical Report No. 116 Patrick Blagrave, Claudia Godbout, Justin-Damien Guénette, René Lalonde, Nikita Perevalov We present the structure and features of the International Model for Projecting Activity (IMPACT), a global semi-structural model used to conduct projections and policy analysis at the Bank of Canada. Major blocks of the model are developed based on the rational error correction framework of Kozicki and Tinsley (1999), which allows the model to strike a balance between theoretical structure and empirical performance. Content Type(s): Staff research, Technical reports Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Economic models, International topics JEL Code(s): C, C6, C68, E, E2, E27, E3, E37, F, F0, F01, F3, F32, F4, F47
February 25, 2020 Exploring new ways to pay Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Cryptoassets, Cryptocurrencies, Digital currencies and fintech
April 15, 2020 Bank of Canada announces increase in the amount of Government of Canada treasury bills it acquires at auction The Bank of Canada announced today that, to support continued liquidity and efficient functioning of the federal government’s treasury bill program, it is temporarily increasing the amount of treasury bills it acquires at auctions to up to 40 per cent, effective immediately. Content Type(s): Press, Market notices