Posts

• April 17, 2009

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 29-day term PRA operation.

  Content Type(s): Press, Market notices
• April 17, 2009

  Bank of Canada Announces Details of its Term Loan Facility Operation

  In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 29-day TLF operation.

  Content Type(s): Press, Market notices
• April 15, 2009

  Results for the 15 April 2009 Term Loan Facility

  Results of today's TLF operation.

  Content Type(s): Press, Market notices
• April 14, 2009

  Results of the 14 April 2009 Term PRA Transaction for Private Sector Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• April 14, 2009

  Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Instruments

  Minimum bid rate for today's 28-day Term PRA Facility for Private Sector Instruments.

  Content Type(s): Press, Market notices
• April 13, 2009

  Results of the 13 April 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• April 13, 2009

  Business Outlook Survey - Spring 2009

  Business sentiment remains negative. While some indicators have inched up from historical lows, the results of the spring survey continue to suggest a weak outlook for the Canadian economy.

  Content Type(s): Publications, Business Outlook Survey
• April 9, 2009

  Bank of Canada Appoints Two Advisers

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010.

  Content Type(s): Press, Press releases
• April 9, 2009

  Next Steps for Canadian Monetary Policy

  Bank of Canada Review - Spring 2009 Robert Amano, Thomas J. Carter, Donald Coletti

  In 2006, the Bank initiated a research program exploring two alternatives to the current inflation-targeting framework: (i) lowering the inflation target and (ii) shifting to a price-level target. This article discusses progress to date, places the Bank's findings in the context of a broader literature, and identifies avenues for future research.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Central bank research, Economic models, Inflation and prices, Inflation targets, Inflation: costs and benefits, Monetary policy framework
• April 9, 2009

  Bank of Canada Review - Spring 2009

  

  Examination of progress in the Bank’s exploration of two alternatives to the current inflation-targeting framework: (i) lowering the inflation target and (ii) shifting to a price-level target; a review of arguments for and against price-level targeting, focusing on its costs and benefits compared with inflation targeting; assessing the merits of price-level targeting vis-à-vis inflation targeting from a debt-revaluation perspective; quantifying redistribution of wealth in Canada in the face of unexpected inflation.

  Content Type(s): Publications, Bank of Canada Review