Asymmetric Systemic Risk Staff Working Paper 2022-19 Radoslav Raykov, Consuelo Silva-Buston Bank regulation presumes risks spill over more easily from large banks to the banking system than vice versa. Interestingly, we observe this is not the case. We find that the capacity to transmit risk is larger in the system-to-bank direction, leading to an increased default risk. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): G, G1, G10, G2, G20
April 30, 2022 Research Update - April 2022 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
April 29, 2022 The Bank of Canada Museum is reopening The Bank of Canada Museum will reopen on May 12, 2022, after being closed for the past two years due to the COVID-19 pandemic. Content Type(s): Press, Announcements
April 27, 2022 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Tiff Macklem Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
April 27, 2022 Toronto Star Tiff Macklem, Governor of the Bank of Canada Interview with Howard Green of The Toronto Star Content Type(s): Press, Media activities
April 26, 2022 Annual Report 2021 The Annual Report outlines the Bank’s activities and achievements in 2021. It includes the financial statements and a message from Governor Tiff Macklem. Content Type(s): Publications, Annual Report
April 26, 2022 The Bank of Canada Releases Its Annual Report for 2021 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2021 was tabled in the House of Commons today. The Report is now available on the Bank’s website. Content Type(s): Press, Press releases