Press

• March 31, 2008

  Eligibility Criteria and Conditions for Accepting Asset-Backed Commercial Paper (ABCP) as Collateral for the Bank of Canada's Standing Liquidity Facility (SLF)

  On 5 March 2008, the Bank released for comment its proposed eligibility criteria for accepting ABCP and noted that two broad policy objectives guided the Bank's assessment. First, the eligibility criteria should mitigate any risks to the Bank that might be associated with accepting ABCP securities as collateral for the SLF.

  Content Type(s): Press, Market notices
• March 20, 2008

  Operational Changes to the Bond Buyback Program

  As announced in the Debt Management Strategy 2008-2009, minor operational changes will be made to the bond buyback program to broaden the eligible basket of securities available for buyback operations. The changes are as follows:

  Content Type(s): Press, Market notices
• March 20, 2008

  Results of the 20 March 2008 Term PRA Transaction

  The results of today's term PRA operations are as follows:

  Content Type(s): Press, Market notices
• March 18, 2008

  Bank of Canada Announces Recipients of Fellowship Award for 2008

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Michael Devereux of the University of British Columbia and Professor Shouyong Shi of the University of Toronto are the recipients of the Bank's Research Fellowship for 2008.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 18, 2008

  Bank of Canada Announces First Recipient of Governor's Award

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Henry Siu of the University of British Columbia is the first recipient of the Governor's Award.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 14, 2008

  The Bank of Canada Releases Its Annual Report for 2007

  Media Relations Ottawa, Ontario

  The Bank of Canada's Annual Report for 2007 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 13, 2008

  Addressing Financial Market Turbulence

  Media Relations Toronto, Ontario

  More than seven months after financial market turbulence began, policy-makers and market participants are entering a new phase, where shortcomings in the current system are better understood and improvements are beginning to be made, Bank of Canada Governor Mark Carney said today in a speech to the Toronto Board of Trade.

  Content Type(s): Press, Press releases
• March 13, 2008

  Addressing Financial Market Turbulence

  Remarks Mark Carney Toronto Board of Trade Toronto, Ontario

  Since last summer, many of us here today have been preoccupied with the ongoing dislocations in financial markets. What began in securities linked to U.S. subprime mortgages has spread to a broad range of structured assets, conventional credit markets, and, to a lesser extent, equities.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 12, 2008

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Paul Jenkins Standing Senate Committee on Banking, Trade and Commerce

  Let me start by saying that the issue of internal trade barriers is critically important, and I'm very pleased, Mr. Chairman, that your committee is examining it. We have reviewed previous submissions to this committee, and you will see that our focus will be slightly different.

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 11, 2008

  Bank of Canada Announces New Term PRA Transactions as part of Co-ordinated G10 Central Bank Actions

  Since the co-ordinated actions taken in December 2007, the G10 central banks have continued to work together closely and to consult regularly on liquidity pressures in funding markets. Pressures in some of these markets have recently increased again.

  Content Type(s): Press, Market notices