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
November 16, 2020 Bank of Canada and OSFI launch pilot project on climate risk scenarios Media Relations Ottawa, Ontario The Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system related to a transition to a low-carbon economy. Content Type(s): Press, Press releases
Liquidity risks at Canadian life insurance companies Staff analytical note 2024-7 Patrick Aldridge, Stephane Gignac, Rishi Vala, Adrian Walton We examine how life insurers manage liquidity risks created by their business model. We find that Canadian life insurers did not face significant liquidity draws and continued their usual investment behaviour during the COVID-19 crisis and as interest rates increased in 2022. Content Type(s): Staff research, Staff analytical notes JEL Code(s): D, D4, D47, D5, D53, G, G1, G12, G14, G2, G23 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial institutions and intermediation, Financial stability and systemic risk
The Shift in Canadian Immigration Composition and its Effect on Wages Staff discussion paper 2025-8 Julien Champagne, Antoine Poulin-Moore, Mallory Long We document recent changes in Canadian immigration, marked by an increasing prevalence of temporary residency. Using microdata from Statistics Canada's Labour Force Survey, we show that temporary workers' characteristics and nominal wages have diverged from those of Canadian-born workers. Content Type(s): Staff research, Staff discussion papers JEL Code(s): J, J2, J20, J24, J6, J61 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply
May 16, 2022 CARR welcomes RBSL’s decision to cease the publication of CDOR after June 28, 2024 Today, Refinitiv Benchmark Services (UK) Limited (RBSL), CDOR’s regulated administrator, announced the cessation of the publication of CDOR after June 28, 2024. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
April 30, 2013 Bank Note Unveiling Remarks Mark Carney Ottawa, Ontario Governor Mark Carney with Minister of Finance Jim Flaherty, Mr. Paul G. Smith, Chairman of the Board at VIA Rail Canada and Canadian Space Agency Astronaut Chris Hadfield, Commander of the International Space Station (by satellite), unveil the final two notes of the new Polymer bank note series. Content Type(s): Press, Speeches and appearances, Remarks
July 28, 1997 Bank of Canada Releases Interim Report on Wartime Gold Transactions Media Relations The Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions. Content Type(s): Press, Press releases
February 26, 2003 Bank of Canada Announces First Research Fellowship Awards Media Relations Ottawa, Ontario The Bank of Canada today announced the first two fellowship awards for 2003 under its Fellowship Program launched late last year. Content Type(s): Press, Press releases Source(s): Fellowship Program
June 20, 2010 The Role of Securities Lending in Market Liquidity Financial System Review - June 2010 Nadja Dreff Content Type(s): Publications, Financial System Review articles
Introducing a Systematic Measure of Idiosyncratic Prices Staff analytical note 2018-33 Madigan Dockrill, Laurence Savoie-Chabot There is a risk that Bank of Canada staff may inadvertently be biased when analyzing inflation: when inflation surprises on the downside, staff might emphasize negative idiosyncratic factors. When inflation surprises on the upside, staff might emphasize the positive idiosyncratic factors. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E3, E31 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures