Posts
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March 3, 2009
Bank of Canada lowers overnight rate target by 1/2 percentage point to 1/2 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. -
March 3, 2009
Bank of Canada Announces Details of its 26 Day Term Loan Facility
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 20 January. -
March 3, 2009
Results of the 3 March 2009 Term PRA Transaction
The results of today's term PRA operations. -
March 2, 2009
Bank of Canada Announces Details of its 91 Day Term PRA Transaction
In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January. -
Computing the Accuracy of Complex Non-Random Sampling Methods: The Case of the Bank of Canada's Business Outlook Survey
A number of central banks publish their own business conditions survey based on non-random sampling methods. The results of these surveys influence monetary policy decisions and thus affect expectations in financial markets. To date, however, no one has computed the statistical accuracy of these surveys because their respective non-random sampling method renders this assessment non-trivial. -
March 2, 2009
Results of the 2 March 2009 Term PRA Transaction for Private Sector Money Market Instruments
The results of today's term PRA operations. -
March 2, 2009
Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Money Market Instruments
The minimum bid rate for today's 14-day Term PRA Facility for Private Sector Money Market Instruments is 1.550%. -
Assessing the Implementation of the IMF's 2007 Surveillance Decision
The International Monetary Fund (IMF) recently adopted the "2007 Decision on Bilateral Surveillance Over Members' Policies," a landmark reform that modernizes the general principles of IMF surveillance. However, support for the reform was not unanimous, and doubts have been expressed about how the Decision would be applied in practice. The authors assess the first year […] -
February 27, 2009
Bank of Canada Announces Details of its Term PRA Facility for Private Sector Money Market Instruments
In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 20 January.