A Bank for All Seasons: The Bank of Canada and the Regulatory Challenge
AbstractThe Bank of Canada must come to play a recognized, central leadership role in shaping policy if Canada is to better manage risks to financial sector stability. This can be accomplished by giving the Bank a clearly acknowledged oversight and investigative mandate regarding financial stability – which would not require statutory change – linked with the responsibility to report independently on the same.
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Bibliographic InfoPaper provided by C.D. Howe Institute in its series e-briefs with number 82.
Length: 5 pages
Date of creation: Jun 2009
Date of revision:
Publication status: Published on the C.D. Howe Institute website, June 2009
financial services; Bank of Canada; financial sector stability;
Find related papers by JEL classification:
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-17 (All new papers)
- NEP-CBA-2009-07-17 (Central Banking)
- NEP-MAC-2009-07-17 (Macroeconomics)
- NEP-REG-2009-07-17 (Regulation)
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