Summary of Webinar: This session centered around the GRI report entitled “Deposit Insurance in Canada: Recommendations for Reform”. The authors spoke about the conditions that point to the need for reform, namely: CDIC limits were last updated in 2005 and have not kept pace with inflation and asset value fluctuations; Social media and electronic banking have […]
Summary of Webinar: GRI welcomed William White to lead a discussion on monetary policy and central bank approaches in 2024 and beyond.Central banks were established to foster financial stability, but the prevailing monetary policy paradigm, which targets inflation in goods and services and prioritizes labour market conditions in assessing output gaps to gauge inflation pressures, […]
Summary of Webinar: University of Calgary economics professor Trevor Tombe discussed federal and provincial budget challenges, risks and opportunities for 2024. During the last few years, Canada saw the fastest acceleration in inflation since the early 1980s, due to a series of global factors (energy and food shocks and supply chain problems in 2021-2022), rising […]
Summary of Webinar: GRI hosted an interactive session featuring Robert Kavcic. The focus was on the outlook of the housing market in Canada. Kavcic began his presentation by examining the overall economic conditions that affect the real estate market. He explored several key economic factors such as GDP, inflation and interest rates before offering the […]
Summary of Webinar: GRI hosted a broad-ranging discussion featuring Christopher Ragan and Warren Lovely on the outlook of Canadian monetary policy in 2024. Ragan began by discussing key factors shaping the Canadian economy in recent years, including negative aggregate supply shocks, an increase in government spending and the central bank balance sheet, supply-chain disruptions and […]
In this webinar the authors of “Striking a Balance: The Optimal Hedging Ratio and Cost Trade-Offs in Global Currency Risk Management” reviewed the key findings of their extensive historical analysis of market rates, currency hedging strategies, and portfolio returns from January 1975 to October 2021. The paper included U.S. and Canadian investor perspectives on hedging […]
Members-only, by invitation event
The partnership between OSFI and GRI created the Financial Industry Forum on Artificial Intelligence (FIFAI) which gathered Canada’s financial services experts from industry, government and academia. FIFAI culminated in the release of the EDGE principles (Explainability, Data, Governance and Ethics) for the responsible application and regulation of AI in the financial services. Mizdrak highlighted AI's […]
Canadian researchers observed gender differences in retirement saving patterns based on 38 years of national data. Although women are more likely to save at all ages, they save a smaller amount and tend to be attracted to investments that on average offer a lower rate of return. At the same time, women have a longer […]
Barbara Sanders and Jean-François Bégin provided insights on how Canada’s regulatory framework presents challenges to lifetime pension pools and variable payment life annuities (VPLA) and how they may offer improved retirement income outcomes for retirees.Lifetime pension pools were explored as a potential solution for converting retirement assets into retirement income. The various advantages of lifetime […]
Robert Kavcic made an informative presentation offering an in-depth analysis of Canada’s housing market overall and assessing the drivers of housing demand and supply. He then addressed a broad array of questions in the Q&A following his prepared remarks.The content emphasized generational tightening of monetary policy that is predicted to slow down the economy in […]
Don Drummond provided an informative overview and in-depth insights on Canada’s fiscal policy outlook in early 2023, including where the risks and opportunities lie. Among his key themes is the combination of slowing economic growth rates and increased debt burdens that make it essential for future fiscal policy to be more efficient in delivering outcomes.Canada’s […]