November 28, 2019 Bank of Canada announces finalists for the fifth annual Governor’s Challenge Media Relations Ottawa, Ontario The Bank of Canada has announced the five finalist teams in the 2019-20 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Press releases Source(s): The Governor's Challenge
November 25, 2019 CARR Meeting (November 25, 2019) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
Interconnected Banks and Systemically Important Exposures Staff Working Paper 2019-44 Alan Roncoroni, Stefano Battiston, Marco D’Errico, Grzegorz Halaj, Christoffer Kok How do banks' interconnections in the euro area contribute to the vulnerability of the banking system? We study both the direct interconnections (banks lend to each other) and the indirect interconnections (banks are exposed to similar sectors of the economy). These complex linkages make the banking system more vulnerable to contagion risks. Content Type(s): Staff research, Staff working papers Topic(s): Financial stability JEL Code(s): C, C6, C63, G, G1, G15, G2, G21