April 5, 2012 Annual Report 2011 2011 was a challenging year for the global economy. Amid global turbulence, Canada’s macroeconomic policy framework has stood us well. The 2011 Annual Report provides a Message from the Governor, highlights key achievements over the year, describes the Bank’s corporate governance, and presents financial statements in conjunction with Management’s Discussion and Analysis. Content Type(s): Publications, Annual Report
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 Research Topic(s): Bank notes
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
August 6, 2020 Indigenous Advisory Circle Learn about the mandate and individual members of the Indigenous Advisory Circle.
August 31, 2016 Students and recent grads We hire students who are still in school and recent graduates and soon-to-be graduates from a wide range of backgrounds.
October 8, 2024 BATVN publishes an overview of the Canadian repo market Today, the Bankers’ Acceptance Transition Virtual Network (BATVN), established by the Canadian Fixed-Income Forum (CFIF) to support the transition away from BAs, published an overview of the Canadian repo market. Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum, Collateral Infrastructure and Market Practices Advisory Group
The Scale and Scope of Online Retail Staff Analytical Note 2018-19 Alex Chernoff This paper studies the growth of online retail over the period 1999–2012, using confidential firm-product-level data for Canada. The revenue of online retailers is decomposed into the contributions of product scope (the number of product categories) and product scale (average revenue per product category). Content Type(s): Staff research, Staff analytical notes Research Topic(s): Digital currencies and fintech, Firm dynamics, International topics JEL Code(s): D, D2, D22, L, L1, L11, L8, L81
May 14, 1997 The changing business activities of banks in Canada Bank of Canada Review - Spring 1997 Jim Armstrong Over the last 30 years, the business mix of banks in Canada has changed significantly. Progress in information-processing technology, legislative changes, and market forces have combined to blur the traditional distinctions between banks and other financial institutions and have allowed banks to offer a much wider range of products and services. In this article, the author reviews the expansion of bank lending to households over this period and their recent movement into personal wealth management. While these trends were facilitated by revisions to legislation, they also reflected the changing needs of the "baby boom" generation, first as home-buyers and, more recently, as middle-aged investors. On the commercial and corporate side, banks reacted to the rapid expansion of securities markets (and to the reduced demand for intermediation by both lenders/depositors and borrowers) by moving into investment banking, after legislative changes opened this business to them in the late 1980s. They also used their expertise in credit assessment and risk management to provide credit guarantees and to act as counterparties and intermediaries in derivatives markets. Notable in this broadening of bank activities has been their more recent entry into the trust, mutual fund, and retail brokerage business. The banks have also made preliminary forays into insurance. The expansion of off-balance-sheet activities has made fee income an increasingly important part of bank earnings. The article also looks at the emerging tools and techniques that will most likely transform the structure of banking in the future. Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Financial institutions
December 17, 2018 CARR Meeting (December 17, 2018) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
January 8, 2008 Transparency: The More, The Better? Remarks Sheryl Kennedy Association des femmes en finance du Québec Montréal, Quebec Transparency is the cornerstone of a well-functioning financial system. It's an issue that has been getting a lot of attention, and deservedly so, as we consider what has gone wrong in the market for asset-backed commercial paper. Content Type(s): Press, Speeches and appearances, Remarks