Ottawa, Ontario
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June 9, 2016
Financial System Review - Press Conference (Video) - June 2016
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).
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June 9, 2016
Financial System Review - Press Conference (Audio) - June 2016
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).
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June 9, 2016
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June 9, 2016
Overall risks to financial stability are largely unchanged, but household vulnerabilities have moved higher
The Financial System Review (FSR) concludes that the overall level of risk to Canada’s financial system is largely unchanged from six months ago. While household vulnerabilities have moved higher, the ongoing economic recovery in Canada means that the overall risk remains the same. The Bank highlights three vulnerabilities in the financial system: the elevated level of household indebtedness, imbalances in some regional housing markets and the fragility of liquidity in fixed-income markets. -
June 4, 2016
CEA Purvis Lecture - Press Conference (Audio)
Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message - Stephen S. Poloz, the Governor of the Bank of Canada, delivers the Canadian Economics Association’s Purvis Lecture (14:15 (ET) approx.)
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June 4, 2016
CEA Purvis Lecture - Press Conference (Video)
Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message - Stephen S. Poloz, the Governor of the Bank of Canada, delivers the Canadian Economics Association’s Purvis Lecture (14:15 (ET) approx.)
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June 4, 2016
CEA Purvis Lecture - Speech (Video)
Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message - Stephen S. Poloz, the Governor of the Bank of Canada, delivers the Canadian Economics Association’s Purvis Lecture (12:55 (ET) approx.)
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June 4, 2016
CEA Purvis Lecture - Speech (Audio)
Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message - Stephen S. Poloz, the Governor of the Bank of Canada, delivers the Canadian Economics Association’s Purvis Lecture (12:55 (ET) approx.)
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June 4, 2016
Monetary/fiscal policy mix has implications for debt and financial stability, Governor Poloz says
In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability. -
June 4, 2016
Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message
Governor Stephen S. Poloz discusses how the mix of monetary and fiscal policies in an economy has important implications for debt levels and financial stability over the medium term.