May 27, 2005 70 Years of Central Banking in Canada Remarks David Dodge Canadian Economics Association Hamilton, Ontario The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability. Content Type(s): Press, Speeches and appearances, Remarks
November 20, 2020 Financial System Survey highlights—November 2020 This article presents the key results from the autumn 2020 Bank of Canada Financial System Survey, conducted from September 8 to September 25, 2020. The survey included a special section on the impact of and the responses to COVID-19. Content Type(s): Publications, Financial System Survey
January 21, 2019 CARR Meeting (January 21, 2019) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
Canada’s Beveridge curve and the outlook for the labour market Staff analytical note 2022-18 Alexander Lam Canada’s labour market is tight but beginning to ease. Unemployment will likely rise in turn, but the economy can avoid a recessionary surge given current conditions. Higher unemployment would nonetheless be material, especially for those directly impacted. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E3, E32, J, J2, J20, J6, J63, J64 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply
October 7, 2021 The long and short of it: A balanced vision for the international monetary and financial system Remarks (delivered virtually) Tiff Macklem Council on Foreign Relations Washington, D.C. Governor Tiff Macklem advocates for global coordination to strengthen the international monetary and financial system. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
October 23, 2002 Monetary Policy Report – October 2002 Over the past year, Canada’s economy has outperformed the economies of virtually all the other major industrial countries. Content Type(s): Publications, Monetary Policy Report
September 9, 2021 Economic progress report: Monetary policy for the recovery Remarks (delivered virtually) Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and discusses how the Bank could adjust monetary policy and its quantitative easing program as the recovery progresses. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Bank notes, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
November 20, 1995 Monetary Policy Report – November 1995 This is the second in a series of semi-annual reports designed to increase the transparency and understanding of Canadian monetary policy. Content Type(s): Publications, Monetary Policy Report
August 21, 2007 Bank of Canada sees joint commitment by major Bank CEOs on bank-sponsored asset-backed commercial paper (ABCP) as positive step Media Relations Ottawa, Ontario The Bank of Canada continues to monitor the functioning of Canada's financial markets and to make liquidity available as required. The commitment by Canada's major bank CEO's to work together to support the performance and liquidity of the market for bank-sponsored asset-backed commercial paper (ABCP) is a further positive step to help re-establish well functioning […] Content Type(s): Press, Press releases
May 16, 2001 Core Principles for Systemically Important Payments Systems and Their Application in Canada Bank of Canada Review - Spring 2001 Clyde Goodlet Systemically important payments systems are systems that, because of the size or the nature of the payments they process, could trigger or transmit serious shocks across domestic or international financial systems if they were insufficiently protected against risk. This article describes the overall framework of core principles developed for the design, operation, and oversight of such payments systems. The article reviews the role of the task force established to develop the core principles and examines the core principles themselves. It also examines the role of central banks in overseeing major payments systems and in applying the core principles to them. The focus is on the Bank of Canada's oversight responsibilities under the Payment Clearing and Settlement Act and on Canada's systemically important payments system—the LVTS. Content Type(s): Publications, Bank of Canada Review articles