May 27 – Bank of Canada – Press Release

The bank published three new staff research papers: On the Nexus of Monetary Policy and Financial Stability: Effectiveness of Macroprudential Tools in Building Resilience and Mitigating Financial Imbalances by H. Evren Damar and Miguel Molico; On the Nexus of Monetary Policy and Financial Stability: Is the Financial System More Resilient? by Patricia Palhau Mora and … Read more

May 26 – Bank of Canada – Press Release

The Bank of Canada announced the appointment of Sheryl King as advisor to the Governor, representing the Bank in its New York Office, effective July 5, 2016. Reporting to Deputy Governor Lynn Patterson, and working closely with the Consulate General of Canada in New York, Montreal-native King will promote and strengthen ties between the Bank … Read more

May 25 – Bank of Canada – Press Release

The bank announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. The full release is available online.

May 24 – Bank of Canada – Press Release

The bank announced a final call for marketable bond tenders with a minimum total amount of $12.5 billion to be auctioned by May 31, 2016. 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 May 24, 2016. … Read more

May 19 – Bank of Canada – Press Release

The bank announced that Government of Canada treasury bills have been accepted for a total repurchase amount of $1.5 billion following an auction on May 19, 2016. The full release is available online. The bank announced a call for marketable bond tenders with a minimum total repurchase amount of $3.9 billion to be auctioned on … Read more

May 18 – Bank of Canada – Press Release

The bank announced a final call for treasury bill tenders for a total minimum repurchase amount of $1.5 billion to be auctioned on May 19, 2016. The full release is available online. The bank announced that Government of Canada bond tenders have been accepted for a total repurchase amount of $1,750 billion following an auction … Read more

May 17 – Bank of Canada – Press Release

The bank announced treasury bill tenders have been accepted for a total repurchase amount of $15 billion following an auction on May 17, 2016. The full release is available online. The bank announced a final call for treasury bill tenders with a minimum total amount of $9.3 billion to be auctioned by May 31, 2016. … Read more

May 16 – Bank of Canada – Press Release

The Bank of Canada Review – Spring 2016 has been released. This issue focuses on the upcoming renewal of Canada’s inflation-control target. Bank researchers discuss the estimate of the lower bound to policy interest rates in Canada. They also discuss downward nominal wage rigidity and whether its presence warrants considering a higher inflation target. The third … Read more

May 13 – Bank of Canada – Press Release

The bank announced that treasury bill tenders have been accepted for a total repurchase amount of $3 billion following an auction on May 13, 2016. The full release is available online.

May 12 – Bank of Canada – Press Release

The bank announced a final call for treasury bill tenders for a total repurchase amount of $3 billion to be auctioned on May 13, 2016. The full release is available online. The bank announced a call for marketable bond tenders for a minimum total repurchase amount of $1.75 billion to be auctioned on May 18, … Read more