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Madanmohan Ghosh

Madanmohan Ghosh (Madan) is Principal Economist of the Canadian Economic Analysis Division.
May 24, 2022

Digital Canadian Dollar

Learn about how we’re exploring the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC).

How well can large banks in Canada withstand a severe economic downturn?

We examine the potential impacts of a severe economic shock on the resilience of major banks in Canada. We find these banks would suffer significant financial losses but nevertheless remain resilient. This underscores the role well-capitalized banks and sound underwriting practices play in supporting economic activity in a downturn.
Content Type(s): Staff research, Staff analytical notes Topic(s): Financial institutions, Financial stability JEL Code(s): E, E2, E27, E3, E37, E4, E44, G, G1, G2, G21, G23
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