The bank released the results of the 20 December 2013 Term Repo Operation for Balance Sheet Management Purposes available on the website. The Working Paper 2013-47 titled: CoMargin by Jorge Cruz Lopez, Jeffrey H. Harris, Christophe Hurlin and Christophe Pérignon is available on the Bank of Canada website. The working paper 2013-48 titled: Volatility Forecasting when the … Read more
The Discussion Paper 2013-4 titled: Lessons from the Financial Crisis: Bank Performance and Regulatory Reform by Neville Arjani and Graydon Paulin is available online. The Working Paper 2013-46 titled: Heterogeneous Returns to U.S. College Selectivity and the Value of Graduate Degree Attainment by Mai Seki is available online. On behalf of Finance Minister Jim Flaherty (Whitby-Oshawa, Ont.), the bank announced plans … Read more
The document: Public Consultation: Policy guidance on the Bank of Canada’s risk-management standards for designated financial market infrastructures – Standard 2: Governance is available on the Bank of Canada website. The document: Results of the 18 December 2013 Term Repo Operation for Balance Sheet Management Purposes is available on the Bank of Canada website.
The bank announced treasury bill tenders have been accepted for a total repurchase amount of $12 billion following an auction on Dec. 17, 2013. The full release is available online. The bank announced a final call for treasury bill tenders with a minimum total amount of $8,625,000,000, to be auctioned by Dec. 30, 2013. The … Read more
The Bank of Canada released a new report entitled "Expansion of Higher Education, Employment and Wages: Evidence from the Russian Transition" by Natalia Kyui. The document is now available on the bank’s website.
The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said in a speech to the Canadian Club of Montréal. "We assess how risks could interact with each other. We gauge their potential impact. And we use judgment to determine … Read more
The bank announced treasury bill tenders have been accepted for a total repurchase amount of $1.8 billion following an auction on Dec. 11, 2013. The full release is available online. The bank announced government bonds have been accepted for a total repurchase amount of $2.7 billion following an auction on Dec. 11, 2013. The full … Read more
The Financial System Review – December 2013 issue is available on the Bank of Canada's website. The bank announced a final call for treasury bill tenders with a minimum total amount of $12 billion to be auctioned by Dec. 17, 2013. The full release is available online. The bank announced a final call for treasury … Read more
The Bank of Canada released its Discussions on Changes to Margining Policy for Cross-Currency Swaps. The Department of Finance and the Bank of Canada will begin bilateral discussions with market counterparties with respect to changes to the margining policy for the cross-currency swaps used to fund Canada’s foreign exchange reserves held in the Government’s Exchange Fund Account. The … Read more
Senior deputy governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management. Macklem, who began his career at the bank in 1984, was appointed senior deputy governor in July 2010, for a term of seven years. He will … Read more
