This commentary assesses the progress made on the G20 regulatory reform agenda since the global financial crisis of 2007-08. The overarching goal of these reforms is to r[...]

Canada played an important role in the establishment of the IMF, yet in 1950 it was also the first major member to abandon the Bretton Woods par-value system in favour of[...]

This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950–1962. It examines whether the floating rate was the best option for Ca[...]

In emerging-market economies, real exchange rate adjustment is critical for achieving a sustainable current account position and thereby for helping to maintain macroecon[...]

Abstract of associated article: In emerging-market economies, real exchange rate adjustment is critical for achieving a sustainable current account position and thereby f[...]

In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroecon[...]

The Canadian system of housing finance proved to be resilient and efficient during the global financial crisis and its aftermath. The system's effectiveness is the result[...]

The paper examines the range of currency and exchange rate regimes choices facing small countries living next to large currency blocs, such as the euro area and the Unite[...]

In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of [...]

The purpose of this paper is to examine the role of multilateral adjustment to U.S. external imbalances in driving bilateral real exchange rate movements by developing a [...]