This article examines what market conditions lead to extreme losses in global financial systems. Using a reverse stress testing approach, it introduces two measures of systemic risk by starting from ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monetary Policy Report. Last week, we lowered the ...

This paper shows that survey expectations can be used to uncover how households subjectively think about inflation and unemployment dynamics jointly. The commonly documented "stagflation view", namely ...

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on ...

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Trade is dominating the news these days. With the barrage of headlines and the talk about protectionism and tariffs, it’s easy to forget that much of our economic growth and prosperity comes from ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

The BoC–BoE database of sovereign debt defaults, published and updated annually by the Bank of Canada and the Bank of England, provides comprehensive estimates of stocks of government obligations in ...

The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. We supervise payment service providers under the Retail Payment ...