Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297064 
Year of Publication: 
2022
Series/Report no.: 
Bank of Canada Staff Discussion Paper No. 2022-18
Publisher: 
Bank of Canada, Ottawa
Abstract: 
The COVID-19 pandemic forced policy-makers to deploy a range of unprecedented measures to support the economy. In this discussion paper, we discuss the outcome of the economic measures implemented in the context of financial stability in Canada. We also present related challenging policy questions that are being tackled by staff at the Bank. These include the uneven impact of the pandemic on households' financial conditions and how it affects the transmission of policy, the challenges associated with setting banks' countercyclical capital buffers, detecting imbalances in a buoyant housing market, and policy coordination challenges.
Subjects: 
Coronavirus disease (COVID-19)
Financial stability
Financial system regulation and policies
JEL: 
H3
H84
G21
E61
E58
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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