Our researchers are also studying emerging technologies in financial services to understand how the ecosystem is evolving, and to spot new risks as they emerge. The workforce needs to have the right skills for the digital economy. So do public policy-makers.
The Bank of Canada has several irons in the fire that take a learning-by-doing approach; one example is the work staff are undertaking to apply machine learning and techniques such as distant reading to analyze vast amounts of unstructured information.