July 18, 2023 Operation Cancellation – Treasury Bill 2023.07.18 Due to technical difficulties, the Treasury Bill Auction scheduled for 2023.07.18 at 10:30 has been cancelled. Content Type(s): Press, Market notices
Is Climate Transition Risk Priced into Corporate Credit Risk? Evidence from Credit Default Swaps Staff Working Paper 2023-38 Andrea Ugolini, Juan C. Reboredo, Javier Ojea Ferreiro We study whether the credit derivatives of firms reflect the risk from climate transition. We find that climate transition risk has asymmetric and significant economic impacts on the credit risk of more vulnerable firms, and negligible effects on other firms. Content Type(s): Staff research, Staff working papers Topic(s): Climate change, Credit risk management, Econometric and statistical methods JEL Code(s): C, C2, C24, G, G1, G12, G3, G32, Q, Q5, Q54
July 14, 2023 The Globe and Mail Tiff Macklem, Governor of the Bank of CanadaInterview with The Globe and Mail Content Type(s): Press, Media activities
July 12, 2023 Bank of Canada Media Interview – Zone économie Paul Beaudry, Deputy Governor of the Bank of Canada, will give an interview to Radio-Canada’s Andrée-Anne St-Arnaud. Content Type(s): Press, Media advisories
July 12, 2023 Bank of Canada Media Interview – The Globe and Mail Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of The Globe and Mail. Content Type(s): Press, Media advisories
July 12, 2023 Zone économie on Radio-Canada Paul Beaudry, Deputy Governor of the Bank of CanadaInterview with Zone économie on Radio-Canada Content Type(s): Press, Media activities
July 12, 2023 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements