May 11, 2020 The Bank of Canada launches application period for 2020 scholarship awards The application period is open until August 1. These awards are designed to assist students with disabilities, Indigenous students and those who identify as a member of a visible minority group in furthering their education. Content Type(s): Press, Announcements
Endogenous Time Variation in Vector Autoregressions Staff Working Paper 2020-16 Danilo Leiva-Leon, Luis Uzeda We introduce a new class of time-varying parameter vector autoregressions (TVP-VARs) where the identified structural innovations are allowed to influence — contemporaneously and with a lag — the dynamics of the intercept and autoregressive coefficients in these models. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Inflation and prices, Monetary policy transmission JEL Code(s): C, C1, C11, C3, C32, E, E3, E31, E5, E52
Is Central Bank Currency Fundamental to the Monetary System? Staff Discussion Paper 2020-2 Hanna Armelius, Carl Andreas Claussen, Scott Hendry In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system. Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5
May 6, 2020 Annual Report 2019 The Annual Report outlines the Bank’s activities and achievements in 2019. It includes the financial statements and a message from Governor Stephen S. Poloz. Content Type(s): Publications, Annual Report
May 6, 2020 The Bank of Canada Releases Its Annual Report for 2019 Media Relations The Bank of Canada’s Annual Report for 2019 was tabled in the House of Commons today. Content Type(s): Press, Press releases
May 4, 2020 Operational details for upcoming secondary market purchases of Government of Canada securities (May 11-May 22) As announced on March 27, 2020, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market. Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program