Tech Reluctance: Fostering Empathy for Canadians Facing Challenges with Digital Systems Staff Discussion Paper 2025-2 Sebastian Hernandez, Helena Wang, Badr Omrane, Vera Roberts, David Pereyra We find that individuals who require help performing banking tasks or who are reluctant to adopt technology avoid digital payment systems they expect to lack usability. Addressing these issues through standard accessibility practices, live assistance and thoughtful interface design can enhance user interaction and trust. Content Type(s): Staff research, Staff discussion papers Topic(s): Accessibility, Bank notes, Central bank research, Digital currencies and fintech, Digitalization, Financial services JEL Code(s): A, A1, A14, C, C9, C90, D, D8, D83, O, O3, O33, Y, Y8, Y80
Differentiable, Filter Free Bayesian Estimation of DSGE Models Using Mixture Density Networks Staff Working Paper 2025-3 Chris Naubert I develop a method for Bayesian estimation of globally solved, non-linear macroeconomic models. The method uses a mixture density network to approximate the initial state distribution. The mixture density network results in more reliable posterior inference compared with the case when the initial states are set to their steady-state values. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models JEL Code(s): C, C6, C61, C63, E, E3, E37, E4, E47
January 16, 2025 Speech: Toni Gravelle, Deputy Governor 12:45 (ET) Toronto, Ontario Content Type(s): Upcoming events
January 16, 2025 Back to normal for the balance sheet Speech summary Toni Gravelle VersaFi (formerly Women in Capital Markets) Toronto, Ontario Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and explains how the Bank of Canada will manage its balance sheet going forward. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, Market structure and pricing, Monetary policy implementation, Monetary policy transmission, Recent economic and financial developments
January 16, 2025 The end of quantitative tightening and what comes next Remarks Toni Gravelle VersaFi (formerly Women in Capital Markets) Toronto, Ontario Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and how the Bank of Canada will manage its balance sheet after that. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, Market structure and pricing, Monetary policy implementation, Monetary policy transmission, Recent economic and financial developments
January 16, 2025 Speech by Toni Gravelle, Deputy Governor of the Bank of Canada On Thursday, January 16, 2025, Toni Gravelle, Deputy Governor of the Bank of Canada, will speak before VersaFi (formerly Women in Capital Markets). Content Type(s): Press, Media advisories
January 16, 2025 CIMPA Meeting (January 16, 2025) Content Type(s): Meetings Source(s): Collateral Infrastructure and Market Practices Advisory Group
January 16, 2025 CORRA Advisory Group Meeting (January 16, 2025) Content Type(s): Meetings Source(s): CORRA Advisory Group