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
August 21, 2024 Case scenarios about payroll services These fictional case scenarios provide examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments materials, Case scenarios Subject(s): Retail payments, Holding funds, Registration
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
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 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
Identifying Financially Remote First Nations Reserves Staff discussion paper 2022-11 Heng Chen, Walter Engert, Kim Huynh, Daneal O’Habib Chen et al. (2021) show that almost one-third of First Nations band offices in Canada are within 1 kilometre (km) of an automated banking machine (ABM) or financial institution (FI) branch and more than half are within 5 km. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E4, E41, E42, E5, G, G2, G21 Research Theme(s): Money and payments, Cash and bank notes, Payment and financial market infrastructures, Retail payments, Structural challenges, Demographics and labour supply
The Business Leaders’ Pulse—An Online Business Survey Staff discussion paper 2022-14 Tony Chernis, Chris D'Souza, Kevin MacLean, Tasha Reader, Joshua Slive, Farrukh Suvankulov This paper introduces the Business Leaders’ Pulse, a new online survey conducted each month. It is designed to provide timely and flexible input into the Bank of Canada’s monetary policy decision making by asking firms about their sales and employment growth expectations, the risks to their business outlook, and topical questions that address specific information needs of the Bank. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C8, C83, D, D2, D22, E, E3, E32 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Real economy and forecasting
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
April 24, 2023 Bank of Canada Disclosure of Climate-Related Risks 2022 This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. Content Type(s): Publications, Disclosure of Climate-Related Risks
December 23, 2004 Bank of Canada Lender-of-Last-Resort Policies Financial System Review - December 2004 The Bank of Canada has distinct roles as a lender of last resort. This article outlines how and under what circumstances the Bank can routinely provide liquidity to facilitate payment settlement, as well as the various ways it can respond in more exceptional situations. Content Type(s): Publications, Financial System Review articles