The Bank of Canada announced this year’s recipients of its Scholarship and Work Placement Program for Indigenous students and students with disabilities: Peter Brown, a fourth-year student, pursuing a double major in economics and global politics at Carleton University Ellen Lambie Hamilton, a first-year communications student at Royal Roads University Barton Loutit, a third-year student … Read more
The bank has published four new working papers: Credit Crunches from Occasionally Binding Bank Borrowing Constraints; Variance Premium, Downside Risk and Expected Stock Returns; Credit Risk Transfer and Bank Insolvency Risk and Which Model to Forecast the Target Rate? The studies are all available online.
The Government of Canada and the Bank of Canada announced that, starting in January 2018, Government Securities Distributors will no longer be required to submit weekly statistical reports via the Market Trade Reporting System operated by the Bank of Canada. The last weekly report to the MTRS will be for the week ending January 3, … Read more
The bank published three new research papers on its website: What Drives Episodes of Settlement Fails in the Government of Canada Bond Market? by Jean-Sébastien Fontaine, James Pinnington and Adrian Walton Risk-Neutral Moment-Based Estimation of Affine Option Pricing Models by Bruno Feunou and Cédric Okou Bitcoin Awareness and Usage in Canada by Christopher Henry, Kim Huynh and Gradon … Read more
The Bank of Canada announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council. “We’re now in the third year of this competition and I continue to be impressed by the ingenuity of students across this country,” said Governor Stephen S. … Read more
The high level of household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time. “Our financial system continues to be resilient, … Read more
In Ottawa, Bank of Canada Governor Stephen S. Poloz and Bank of Korean Governor Juyeol Lee signed an agreement establishing a standing bilateral liquidity swap arrangement, effective immediately. This enables the Bank of Canada to provide Canadian dollars to the Bank of Korea, and to provide liquidity in Korean Won to financial institutions in Canada, … Read more
The bank published a new research paper, Understanding the Time Variation in Exchange Rate Pass-Through to Import Prices by Rose Cunningham, Christian Friedrich, Kristina Hess and Min Jae Kim, on its website.
The bank issued a call for Ultra Long Bond tenders with a minimum total repurchase amount of $500 million to be auctioned on November 16, 2017. The full release is available online. The bank issued a call for Government of Canada bond tenders with a minimum total repurchase amount of $3-billion, to be auctioned on … Read more
The bank announced that Government of Canada bond tenders have been accepted for a total repurchase amount of $3.6 billion following an auction on November 2, 2017. The full release is available online.
