August 9, 1995 Uncertainty and the transmission of monetary policy in Canada (HERMES-Glendon Lecture) Bank of Canada Review - Summer 1995 Gordon Thiessen Gordon Thiessen, Governor of the Bank of Canada, delivered the HERMES-Glendon Lecture at York University, Toronto, in March 1995. The speech focussed on the interrelationships of uncertainty and the transmission of monetary policy to the economy. It looked at how the various types of uncertainty influence the behaviour of economic actors, and at how uncertainty affects the transmission of monetary policy through the economy. The first part of the lecture outlines the Bank of Canada's view of the transmission mechanism, with considerable attention paid to the role of uncertainty. In the second part, the various ways in which the Bank has tried to reduce uncertainty are discussed. The various kinds of uncertainty that impinge on the economy and on the policy process are addressed. Content Type(s): Publications, Bank of Canada Review articles
January 30, 2013 Bank notes: Resources for the blind and partially sighted This section includes information and products that explain how blind and partially-sighted Canadians can determine the denominations of bank notes.
November 7, 2013 Bank of Canada Issues $5 and $10 Polymer Bank Notes Media Relations Ottawa, Ontario The Bank of Canada has announced the entry into circulation of the new $5 and $10 polymer bank notes. Starting today, these final two notes in the new polymer Frontiers series will be available at financial institutions across Canada. Content Type(s): Press, Press releases
April 30, 2013 Bank of Canada Unveils New $5 and $10 Polymer Bank Notes Media Relations Ottawa, Ontario Canada’s new and more secure $5 and $10 polymer bank notes were unveiled today at the Bank of Canada’s Ottawa head office, and from aboard the International Space Station. Content Type(s): Press, Press releases
November 19, 2015 Measuring Durable Goods and Housing Prices in the CPI: An Empirical Assessment Bank of Canada Review - Autumn 2015 Patrick Sabourin, Pierre Duguay While the CPI is the most commonly used measure to track inflation, it is not fully consistent with a true cost-of-living index (COLI). Although the official treatment of durable goods and housing in the CPI represents an acceptable compromise in the current environment of low and stable inflation, Sabourin and Duguay suggest that it would be worthwhile to consider treating housing and durables in the same way and bringing the actual CPI closer to a COLI. This could be accomplished by employing an enhanced user-cost approach to calculate the imputed cost of the services provided by the use of durable goods or housing. Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): E, E3, E31, E5, E52
December 14, 2009 Reform of Securitization Financial System Review - December 2009 Jack Selody, Elizabeth Woodman Content Type(s): Publications, Financial System Review articles
November 18, 2013 Risk Management and Financial Reform Remarks Tiff Macklem Autorité des marchés financiers Montréal, Quebec Senior Deputy Governor Tiff Macklem discusses risk management and global financial reform. Content Type(s): Press, Speeches and appearances, Remarks
September 18, 2013 Returning to Natural Economic Growth Remarks Stephen S. Poloz Vancouver Board of Trade Vancouver, British Columbia Bank of Canada Governor Stephen S. Poloz discusses the preconditions for a return to natural economic growth for Canada. Content Type(s): Press, Speeches and appearances, Remarks
The neutral rate in Canada: 2020 update Staff analytical note 2020-24 Dmitry Matveev, Julien McDonald-Guimond, Rodrigo Sekkel The neutral rate of interest is important for central banks because it helps measure the stance of monetary policy. We present updated estimates of the neutral rate in Canada using the most recent data. We expect the COVID-19 pandemic to significantly affect the fundamental drivers of the Canadian neutral rate. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E4, E40, E43, E5, E50, E52, E58, F, F4, F41 Research Theme(s): Models and tools, Economic models, Monetary policy, Monetary policy framework and transmission
November 2, 2022 Preparing for payments supervision Remarks Ron Morrow Canadian Innovation Exchange Summit Toronto, Ontario Ron Morrow, Executive Director of Retail Payments Supervision, discusses the Bank’s new mandate and what the future holds for payment service providers. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Digital currency, Financial system, Financial stability, Fintech, Retail payments