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Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework
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Citation | David Longworth and Jenkins, Paul. 2015. "Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework." ###. Toronto: C.D. Howe Institute. |
Page Title: | Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework – C.D. Howe Institute |
Article Title: | Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework |
URL: | https://cdhowe.org/publication/securing-monetary-and-financial-stability-why-canada-needs-macroprudential/ |
Published Date: | June 24, 2015 |
Accessed Date: | July 8, 2025 |
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Outline
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The Bank of Canada should focus monetary policy on inflation, not systemic risk, according to a new report released today by the C.D. Howe Institute. In “Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework,” authors Paul Jenkins and David Longworth address the importance for the conduct of Canadian monetary policy of having a separate coherent framework for macroprudential policy – designed to prevent the build-up of systemic, or system-wide, financial risks.
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