November 6, 2018 External academic consultants Meet the academic consultants and researchers from outside the Bank who are working with us.
June 11, 2009 Rebalancing the Global Economy Remarks Mark Carney International Economic Forum of the Americas, conference of Montreal The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be. Content Type(s): Press, Speeches and appearances, Remarks
December 14, 1997 Recent economic and financial developments Bank of Canada Review - Winter 1997-1998 The Canadian economy expanded at an average rate of over 4 per cent through the second half of 1996 and the first three quarters of 1997. The expansion was supported by accommodative monetary conditions, substantial employment gains, low inflation, an improved fiscal postion, and strong U.S. demand. These factors will continue to underpin a scenario of sustained growth in output and employment in the period ahead. With the situation in Asia still evolving, it is difficult to be precise about the size of its overall impact on Canada. At the same time, there have been some positive developments including stronger-than-anticipated economic performance in the United States, Mexico, and Europe and declining longer-term interest rates in most industrial countries. The core rate of inflation slipped slightly below the 1 to 3 per cent target range in the closing months of 1997. With the unwinding of some of the special factors that contributed to the decline, trend inflation is expected to move back inside the range in coming months. Content Type(s): Publications, Bank of Canada Review articles
November 17, 2016 Reinventing the Role of Central Banks in Financial Stability Bank of Canada Review - Autumn 2016 Domenico Lombardi, Lawrence L. Schembri Central banks contribute importantly to the promotion of financial stability given their sys-tem-wide macro-financial perspective and existing roles as lender of last resort and overseer of systemic payment systems. Since the global financial crisis, the financial system role of central banks has expanded to place more emphasis on the prevention of financial stress and crises. Central banks work with other responsible authorities to enhance financial system resilience and to assess and mitigate financial vulnerabilities and systemic risk. Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): E, E4, E42, E5, E58, E6, E61, G, G2, G28
June 3, 2022 Canadian Alternative Reference Rate Working Group: Key documents Find key documents and reference material related to the Canadian Alternative Reference Rate Working Group (CARR).
November 19, 2008 Building Continuous Markets Remarks Mark Carney the Canada – United Kingdom Chamber of Commerce London, United Kingdom Throughout the years, Canada has been a major beneficiary of London's innovation. Companies of adventurers, conceived and funded in London, opened up large swathes of Canada to international trade. Content Type(s): Press, Speeches and appearances, Remarks
June 27, 2014 A Dual Vision for the Canadian Payments System Remarks Lawrence L. Schembri Canadian Payments Association Charlottetown, Prince Edward Island Deputy Governor Lawrence Schembri calls for a collaborative approach to achieving a payments system that is innovative, safe, and efficient. Content Type(s): Press, Speeches and appearances, Remarks
Scenario Analysis and the Economic and Financial Risks from Climate Change Staff discussion paper 2020-3 Erik Ens, Craig Johnston This paper adapts climate-economy models that have been applied in other contexts for use in climate-related scenario analysis. We consider illustrative scenarios for the global economy that could generate economic and financial risks. Our results suggest there are significant economic risks from climate change and the move to a low-carbon economy. Content Type(s): Staff research, Staff discussion papers Research Theme(s): Financial system, Financial stability and systemic risk, Models and tools, Economic models, Structural challenges, Climate change
January 29, 2000 Annual Report 1999 The Canadian economy regained strong momentum in 1999 as the U.S. economy remained vigorous, the global economy recovered, and commodity prices moved upwards. Content Type(s): Publications, Annual Report
August 16, 2007 Bank of Canada welcomes initiatives to support the functioning of financial markets in Canada Media Relations Ottawa, Ontario The Bank of Canada welcomes the initiatives announced today to support the asset-backed commercial paper market in Canada. Content Type(s): Press, Press releases