Upcoming events - Registration Detail

No upcoming events

Negative Interest Rates - Estimating Canada's Effective Lower Bound

  • 16 Nov 2016
  • 11:30 AM - 1:30 PM
  • Rideau Club, Main Dining Room, 99 Bank Street, 15th Floor, Ottawa, Ontario (Registration and Networking 11:30AM: Lunch served at 12:05PM) *Business Attire


Registration is closed

Negative Interest Rates - Estimating Canada's Effective Lower Bound

"Presented under Chatham House Rule"

Recently, the Bank of Canada has estimated the effective lower bound (ELB) on its policy interest rate to be about -50 basis points. This presentation outlines the analysis that underpins that estimate by quantifying the costs of storing and using cash in Canada. It also explores how some international markets have adapted to negative interest rates, issues surrounding their implementation, as well as their transmission to other interest rates in the economy. Finally, it discusses theoretical ideas on how the ELB could be further reduced.

Keynote Speaker:

Jonathan Witmer

Assistant Director, Financial Markets, Monetary Policy Analysis and Research, Bank of Canada

Jonathan Witmer is the Assistant Director of the Research Team in the Financial Markets Department. His primary interests include financial market regulation and financial market stability. Jonathan has also worked extensively on policy issues related to OTC derivatives and shadow banking.

Mr. Witmer obtained his PhD in Finance from Queen’s University and an MBA from the Richard Ivey School of Business.

Please click here to register by 12:00PM on Thursday, November 10th, 2016.                                                                                                        

Please advise any food allergies or restrictions directly to Anne Corno, Event Chair (E-Mail: anne.corno@canadapost.ca).

Cancellation Policy: Cancellations require a minimum 24 hours notice otherwise attendees will be invoiced. 

Suggested Parking Options: 

World Exchange Plaza, 45 O'Connor Street, Ottawa 


222 Queen Street, Ottawa






P.O. Box 889 Station B, Ottawa, Ontario, K1P 5P9


Powered by Wild Apricot Membership Software