Financial System Review Summary—2020

Financial System Review Summary—2020

Putting a floor under the economy Since the onset of the pandemic, the Bank has established and expanded a range of facilities and purchase programs to address problems with market functioning and confidence. They are showing signs of succeeding: Access to liquidity has greatly improved in key financial markets that had been showing signs of […]

Release of the Financial System Review

Release of the Financial System Review

Good morning, and thank you for being with us today. Senior Deputy Governor Wilkins and I are glad to have the opportunity to discuss the latest issue of the Bank of Canada’s Financial System Review (FSR), which we published today. The traditional purpose of the FSR is to identify key vulnerabilities in the financial system […]

Strategically review your employer savings plans before the end of the year

Strategically review your employer savings plans before the end of the year

Many medium-to-large-sized employers offer some form of savings program for their staff; some with a matching component, such as the employer matches 50 per cent of the contribution that the employee makes up to a certain maximum value, while other programs are simply to facilitate savings exclusively from the employee. The draw for employees is […]

Autism diagnosis questioned in Canadian-led review

Autism diagnosis questioned in Canadian-led review

The autism diagnosis has become so broad that it prevents a better understanding of how the autistic brain works, a Canadian researcher and psychiatrist says. In a meta-analysis published in JAMA Psychiatry, researchers in Quebec and Denmark  analyzed 11 previous major reviews on people with autism and people in the rest of the population. Laurent Mottron, a […]

Financial System Review Summary – 2019

Financial System Review Summary – 2019

Risk slightly higher, but the system remains resilient The overall risk to the Canadian financial system has increased slightly since our last assessment in June 2018. This increase is due to a slowdown in economic growth, caused in part by global trade policy uncertainty, last year’s oil price decline, ongoing difficulties in the energy sector […]

Release of the Financial System Review

Release of the Financial System Review

Good morning, and thank you for being here today. Senior Deputy Governor Wilkins and I are pleased to be with you to talk about the latest issue of the Bank of Canada’s Financial System Review (FSR), which we published today. Let me quickly remind everyone about the purpose of the FSR—to identify key vulnerabilities in […]

Bank to review the monetary policy framework ahead of 2021 renewal, says Senior Deputy Governor Wilkins

Bank to review the monetary policy framework ahead of 2021 renewal, says Senior Deputy Governor Wilkins

The Bank of Canada will assess a broad range of monetary policy frameworks ahead of the renewal in 2021 of the inflation-control agreement, a joint agreement between the federal government and the Bank that is renewed every five years, Senior Deputy Governor Carolyn A. Wilkins said today at McGill University’s Max Bell School of Public […]

Book Review: She Has Her Mother’s Laugh

Book Review: She Has Her Mother’s Laugh

In his regular column for The New York Times, Carl Zimmer writes with compelling clarity about genetics and human evolution explaining why the science matters, skills he deftly unleashes in his massive new book “She Has Her Mother’s Laugh: The Powers, Perversions, and Potential of Heredity.” In this book, Zimmer looks at more than just […]

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