In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation ...
Deputy Governor Rhys Mendes discusses how monetary policy worked to bring inflation back down to target and why the Bank ...
Indigenous businesses make a valuable contribution to Canada’s economy, but we still have much to learn about what makes them ...
Derivatives exchanges often determine collateral requirements, which are fundamental to market safety, with dated risk models assuming normal returns. However, derivatives returns are heavy-tailed, ...
At the Bank of Canada, we assessed the life cycle of bank notes to confirm that polymer notes have a smaller environmental footprint than paper notes. Polymer notes have a longer life and then are ...
Rhys Mendes, Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show Island Morning. Please visit https://www.cbc.ca/listen/live-radio/1-30-island-morning for more information.
ARIMA-SEATS, is not suitable for high-frequency data. We summarize and assess several of the most popular seasonal adjustment methods for weekly data given the increased availability and promise of ...
We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.
We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way. We rely on our financial system whenever we take out a loan for a ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.