January 29, 2001 Annual Report 2000 The Canadian economy continued to expand robustly in 2000 while inflation remained low. Content Type(s): Publications, Annual Report
The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Estimation of the Total Private Cost for Large Businesses Technical report No. 110 Valéry Dongmo Jiongo The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods faced low response rates and outliers in sample data for two of its retailer strata: chains and large independent businesses. This technical report investigates whether it is appropriate to combine these two strata to produce more accurate estimates of the total private cost to large businesses of the main payment methods. Content Type(s): Staff research, Technical reports JEL Code(s): C, C1, C12, C8, C83 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Money and payments, Retail payments
Measuring and Evaluating Strategic Communications at the Bank of Canada Staff discussion paper 2021-9 Annie Portelance The Bank of Canada’s Communications Department has developed a framework to quantify and qualify the Bank’s communications efforts and their results. Using data-based measurement and evaluation, the department can assess the impact of the Bank’s communications activities and gauge the department’s contribution to the Bank’s overall goals. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D8, D83 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Monetary policy framework and transmission
What has been putting upward pressure on CORRA? Staff analytical note 2024-4 Boran Plong, Neil Maru From the autumn of 2023 into early 2024, the Canadian Overnight Repo Rate Average (CORRA), a measure of the cost of overnight general collateral Canadian dollar repos, was consistently well above the Bank’s target for the overnight rate. We find that, among several factors, long bond positions that require repo financing are the main driver of the recent upward pressure on CORRA. Content Type(s): Staff research, Staff analytical notes JEL Code(s): D, D4, D5, D53, E, E4, E43, E44, E5, E52, G, G1, G12 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial institutions and intermediation, Monetary policy, Monetary policy tools and implementation
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
Introducing Sparks at Bank Sparks at Bank article Sparks at Bank is a new platform for sharing insights, research and analysis from staff at the Bank of Canada. It’s designed for people who think deeply about the economy and policy but who also appreciate clarity and brevity. Content Type(s): Staff research, Sparks at Bank article
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
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
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