Centre on Financial and Monetary Policy
Mission
To be the foremost hub of influence and direction on critical and emerging issues in both financial services and monetary policy. The C.D. Howe Institute’s leadership voice, visibility, and scholarly reputation in financial and monetary policy position the Centre uniquely in Canada to build upon its tradition of having real impact that improves Canadian living standards.
Financial Regulatory Excellence Initiative
The Financial Regulatory Excellence Initiative conducts rigorous and independent assessments of existing and proposed financial sector regulations, identifies regulatory effectiveness and gaps, and promotes a common understanding of optimal regulation.
Financial Services Research Initiative
The Financial Services Research Initiative is a multi-year program organized by the Institute to report and advise on financial sector policy. Its unique work program addresses the economic environment within which financial intermediation takes place, the regulatory environment, and the future of financial intermediation. The Initiative is informed by regular meetings of experts in the sector, policymakers and supporters engaged in the financial services sector, including financial intermediaries, securities market participants and their regulators, among others. The Initiative publishes research by prominent scholars from academia, associations, and the private and public sectors.
The Domestic Stability Buffer Council
The Institute’s shadow Domestic Stability Buffer (DSB) Council mimics the work of our shadow Monetary Policy Council (MPC). The group provides OSFI, industry participants, and key economic policy voices, with an independent assessment of the appropriate level for the buffer in pursuit of OSFI’s mandate of contributing to public confidence in the Canadian financial system.
Toolkit of Economic Indicators
The C.D. Howe Institute’s toolkit for tracking the economy is a customized series of data sets from past Institute publications. These tools can be helpful for policymakers and other parties interested in analyzing monetary policy and financial stability decisions.
Monetary Policy Initiative
The C.D. Howe Institute’s Monetary Policy Initiative builds on the Institute’s longstanding history and reputation of influential monetary policy research. Gathering periodically to discuss research priorities and publications, focus areas for the MPI include the monetary policy framework, the monetary policy transmission mechanism, and the financial system’s interaction with monetary policy. The Institute gratefully acknowledges the generous contribution of supporters that led to the establishment of the endowment that supports our work in this area.
Monetary Policy Council
The C.D. Howe Institute Monetary Policy Council is comprised of 12 of Canada’s most distinguished financial-market and monetary economists. Chaired by the Institute’s Chief Executive Officer William Robson, it provides the Bank of Canada, financial-market participants and economic policy commentators with a regular independent assessment of the appropriate stance of Canadian monetary policy as the Bank of Canada pursues its 2 percent inflation target.