How Important Are Liquidity Constraints for Canadian Households? Evidence from Micro-Data Staff Discussion Paper 2012-9 Umar Faruqui, Samah Torchani Using a unique micro-dataset containing real and financial information on Canadian households for 2000–07, the authors address two questions: (1) What is the proportion of households whose consumption displays excess sensitivity to income, and who are likely liquidity constrained? Content Type(s): Staff research, Staff discussion papers Research Topic(s): Economic models, Sectoral balance sheet JEL Code(s): C, C3, C35, D, D1, D12, D3, D30
March 21, 2018 Bank of Canada announces creation of working group to develop new term risk-free interest rate benchmark The Bank of Canada today announced the creation of the Canadian Alternative Reference Rate Working Group (CARR), sponsored by the Canadian Fixed-Income Forum (CFIF), to identify and seek to develop a new term risk-free Canadian dollar interest rate benchmark. Content Type(s): Press, Market notices
August 6, 2020 Indigenous Advisory Circle Learn about the mandate and individual members of the Indigenous Advisory Circle.
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
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
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
May 5, 2022 Economic reconciliation: Supporting a return to Indigenous prosperity Remarks Lawrence L. Schembri National Aboriginal Capital Corporations Association Gatineau, Quebec Bank of Canada Deputy Governor Lawrence Schembri discusses economic reconciliation with Indigenous peoples. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Fiscal policy, Monetary policy
2021 Methods-of-Payment Survey Report Staff Discussion Paper 2022-23 Christopher Henry, Matthew Shimoda, Julia Zhu We present results from the 2021 Methods-of-Payment Survey, including updated payment shares. We highlight long-term trends and provide additional context for results with respect to the COVID-19 pandemic. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Bank notes, Coronavirus disease (COVID-19), Digital currencies and fintech, Financial services JEL Code(s): D, D8, D83, E, E4, E41
February 16, 2022 Expecting the unexpected: Central bank decision making in turbulent times Remarks (delivered virtually) Timothy Lane School of Public Policy, University of Calgary Calgary, Alberta Bank of Canada Deputy Governor Tim Lane discusses how the Bank responds to uncertainty in turbulent times. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Coronavirus disease (COVID-19), Monetary policy and uncertainty
August 25, 2020 Our COVID-19 response: Large-scale asset purchases Paul Beaudry The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth. Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Coronavirus disease (COVID-19), Debt management, Financial markets, Financial stability, Inflation and prices, Interest rates, Market structure and pricing, Monetary policy, Monetary policy transmission