The Bank of Canada published a preliminary report on the findings of the fourth phase of Project Jasper: “Cross-border Interbank Payments and Settlements: Emerging Opportunities for Digital Transformation,” prepared by the Bank of Canada, the Monetary Authority of Singapore, the Bank of England and HSBC. The full release is available online. The bank published a … Read more
The Bank of Canada released a new research paper, Non-Performing Loans, Fiscal Costs and Credit Expansion in China, by Huixin Bi, Yongquan Cao and Wei Dong on its website.
The Bank of Canada released a new reseach paper, Monetary Policy Uncertainty: A Tale of Two Tails, by Tatjana Dahlhaus and Tatevik Sekhposyan. The report is available online.
The Bank of Canada published a new research paper, “The Impact of Government Debt Supply on Bond Market Liquidity: An Empirical Analysis of the Canadian Market” by Jeffrey Gao, Jianjian Jin and Jacob Thompson. The paper is available online. The Bank of Canada published a new research paper, “Prudential Liquidity Regulation in Banking—A Literature Review” by Adi Mordel. … Read more
The Bank of Canada has initiated the process to appoint a successor to Deputy Governor Sylvain Leduc who will leave the Bank at the end of July. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. Public advertisements for the position will … Read more
The Bank of Canada released a new staff working paper, Noisy Monetary Policy, by Tatjana Dahlhaus and Luca Gambetti. The paper is available online.
The Bank of Canada maintained its target for the overnight rate at 1 ¼ per cent. The Bank Rate is correspondingly 1 ½ per cent and the deposit rate is 1 per cent. The full release is available online. Call 613-782-8782.
Finance Minister Bill Morneau (Toronto Centre, Ont.) and Bank of Canada Governor Stephen S. Poloz unveiled the new $10 bank note featuring Viola Desmond during a ceremony at the Halifax Central Library. Once issued into circulation in late 2018, it will mark the first time that an iconic Canadian woman is portrayed on a regularly circulating Bank … Read more
The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. The full release is available online. Call 613-782-8782.
The Bank of Canada increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. However, uncertainty surrounding the … Read more
