March 13, 2018 Canadian economy carrying untapped potential, Bank of Canada Governor Poloz says Media Relations Kingston, Ontario The Canadian economy is carrying untapped potential that could prolong the expansion without causing inflation pressures, Governor Stephen S. Poloz said today. In a lecture at Queen’s University, Governor Poloz said that the Canadian economy is currently in the phase of the economic cycle where companies need to expand capacity to meet rising demand. “Growing […] Content Type(s): Press, Press releases
Blockchain Revolution Without the Blockchain Staff Analytical Note 2018-5 Hanna Halaburda The technology behind blockchain has attracted a lot of attention. However, this technology is for the most part not well understood. There is no consensus on what benefits it may bring or on how it may fail. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Digital currencies and fintech, Recent economic and financial developments, Service sector JEL Code(s): D, D8, G, G2, O, O3, O33
March 8, 2018 $10 Bank Note Unveil Due to poor weather and power outages in the Halifax area, today’s official unveiling event for the new $10 bank note may experience technical difficulties. Content Type(s): Press, Announcements
October 10, 2017 Funds advanced and outstanding balances for new and existing lending by chartered banks Month-end statement of funds advanced and outstanding balances vis-à-vis new and existing loans, booked in Canada, in Canadian dollars only, to Canadian households and corporate sectors by chartered banks. Content Type(s): Banking and financial statistics
March 1, 2018 Central Bank of the Year Award Remarks Stephen S. Poloz Central Banking Awards 2018 London, United Kingdom Governor Stephen S. Poloz accepts the Central Bank of the Year award from Central Banking. Content Type(s): Press, Speeches and appearances, Remarks
February 27, 2018 Summary of Comments – 2018–19 Debt Management Strategy Consultations Today, the 2018–19 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Debt Management Strategy for 2018–19. Content Type(s): Press, Market notices
The “Too Big to Fail” Subsidy in Canada: Some Estimates Staff Working Paper 2018-9 Patricia Palhau Mora Implicit government guarantees of banking-sector liabilities reduce market discipline by private sector stakeholders and temper the risk sensitivity of funding costs. This potentially increases the likelihood of bailouts from taxpayers, especially in the absence of effective resolution frameworks. Content Type(s): Staff research, Staff working papers Research Topic(s): Financial institutions, Financial stability JEL Code(s): G, G1, G13, G2, G21, G28
February 15, 2018 Anchoring Expectations: Canada’s Approach to Price Stability Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Credibility, Fiscal policy, Inflation and prices, Inflation targets, Monetary policy framework
February 12, 2018 Wilfrid Laurier University crowned National Champion of The Governor’s Challenge Media Relations Ottawa, Ontario Wilfrid Laurier University has won the Bank of Canada’s third annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Press releases Source(s): The Governor's Challenge
February 8, 2018 Inclusive growth can come through innovation, says Senior Deputy Governor Wilkins Media Relations Montebello, Quebec The digital economy holds promise for higher overall living standards in the future, but it could leave some behind, Senior Deputy Governor Carolyn A. Wilkins told an audience of G7 deputies today. “Technological progress will raise economic growth, although the channels through which it contributed to rising inequality in the past are still forces to […] Content Type(s): Press, Press releases