The C.D. Howe Institute is pleased to announce the creation of the Centre on Financial and Monetary Policy.
A first for the Institute, the mission of the Centre on Financial and Monetary Policy at the C.D. Howe Institute is 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. Associate Vice President Jeremy Kronick serves as Director of the Centre.
The Centre on Financial and Monetary Policy will feature several exciting new initiatives. The first is the launch of the Domestic Stability Buffer Council.
The Domestic Stability Buffer Council
The Domestic Stability Buffer is a capital buffer that the big six Canadian Domestic Systemically Important Banks (D-SIBs) must set aside to cover potential losses during periods of financial stress. The Centre's Domestic Stability Buffer Council, chaired by Jeremy Kronick, provides OSFI, industry participants and key economic policy voices with an independent assessment of the direction for the buffer in pursuit of OSFI's mandate of contributing to public confidence in the Canadian financial system.
Please check back for more announcements about the Centre.