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
January 15, 2025 Operational Details for Government Purchases of Canada Mortgage Bonds in 2025 In the 2023 Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning in 2024, up to an annual maximum of $30 billion while ensuring that the pace and volume of these purchases are appropriate for market conditions. Content Type(s): Press, Market notices
Non-Bank Dealing and Liquidity Bifurcation in Fixed-Income Markets Staff Working Paper 2025-2 Michael Brolley, David Cimon We model non-bank entry into fixed-income markets and state-dependent liquidity. Non-bank financial institutions improve liquidity more during normal times than in stress. Banks may become less reliable to marginal clients, exacerbating the difference in liquidity between normal and stressed times. Central bank lending during stress may limit this harmful division. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial institutions, Financial markets, Market structure and pricing JEL Code(s): G, G1, G10, G2, G20, G21, G23, L, L1, L10, L13, L14