A speech by Senior Deputy Governor of the Bank of Canada Tiff Macklem entitled, "Promoting Growth, Mitigating Cycles and Inequality: The Role of Price and Financial Stability," is now available on the Bank of Canada website.
The bank released a working paper entitled "When Is It Less Costly for Risky Firms to Borrow? Evidence from the Bank Risk-Taking Channel of Monetary Policy" by Teodora Paligorova and João A. C. Santos. In an investigation of banks’ loan pricing policies in the United States over the past two decades, this study finds supporting … Read more
The Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent. The bank rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The heightened uncertainty around the global economic outlook has decreased in the weeks since the bank released its January … Read more
The bank announced a final call for treasury bill tenders with a minimum amount of $13.5 billion to be auctioned by March 13, 2012. The full release is available online. The bank announced marketable bond tenders have been accepted for a total repurchase amount of $500 million following an auction on March 6, 2012. … Read more
The working paper entitled "Central Bank Communication or the Media's Interpretation: What Moves Markets?" by Scott Hendry is now available on the Bank of Canada website. The bank announced treasury bill tenders have been accepted for a total repurchase amount of $3.2 billion following an auction on Feb. 29, 2012. The full release is available … Read more
The bank announced a final call for treasury bill tenders with a minimum amount of $3.2 billion to be auctioned by Feb. 29, 2012. The full release is available online. The working paper entitled "Growth in Emerging Market Economies and the Commodity Boom of 2003ˆ2008: Evidence from Growth Forecast Revisions" by Elif C. Arbatli and … Read more
The working paper entitled "Macroprudential Rules and Monetary Policy when Financial Frictions Matter" by Jeannine Bailliu, Césaire Meh and Yahong Zhang is now available on the Bank of Canada's website. The working paper entitled "Short-Term Forecasting of the Japanese Economy Using Factor Models" by Claudia Godbout and Marco J. Lombardi is now available on … Read more
Governor of the Bank of Canada Mark Carney delivered a speech at the U.S. Monetary Policy Forum in New York entitled "A Monetary Policy Framework for All Seasons." The full speech is available on the bank's website. The bank released it's monthly banking financial statistics. More information is available online.
The Bank of Canada's Review Winter 2011/2012 issue is now available on the Bank of Canada's website. The bank announced a call for marketable bond tenders with a minimum total amount of $3.5 billion following an auction on Feb. 29, 2012. The full release is available online.
The bank announced real return bonds have been accepted for a total repurchase amount of $400 million following an auction on Feb. 22, 2012. The full release is available online.
