Posts

• August 26, 2010

  1954 series

  

  Design changes to this third series of Bank of Canada notes included moving the portrait off centre and to the right, simplifying the line work, and integrating Canada’s coat of arms into the background design.
• August 25, 2010

  Indicators related to market operations

  A table of indicators related to the implementation of monetary policy that includes the operating band, settlement balances and other Bank of Canada operations.
• August 24, 2010

  Re-examining Canada’s Monetary Policy Framework: Recent Research and Outstanding Issues

  Remarks John Murray Canadian Association for Business Economics Kingston, Ontario

  I am honoured to address members of the Canadian Association for Business Economics. My remarks today will focus on critical issues that the Bank of Canada has studied over the past four years and how this research will inform our work as we move forward post crisis.

  Content Type(s): Press, Speeches and appearances, Remarks

• Evaluating the Effect of the Bank of Canada's Conditional Commitment Policy

  Staff Discussion Paper 2010-11 Zhongfang He

  The author evaluates the effect of the Bank of Canada's conditional commitment regarding the target overnight rate on longer-term market interest rates by taking into account the relationship between interest rates, inflation, and unemployment rates.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Interest rates, Monetary policy implementation, Monetary policy transmission JEL Code(s): E, E4, E5, E6
• August 24, 2010

  Bank of Canada Announces the Recipients of Its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the recipients of its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence. The award was established in 2004 to recognize the work of Canadian law-enforcement personnel in deterring and preventing the counterfeiting of Canada's bank notes.

  Content Type(s): Press, Press releases

• Liquidity Transformation and Bank Capital Requirements

  Staff Working Paper 2010-22 Hajime Tomura

  This paper presents a dynamic general equilibrium model where asymmetric information about asset quality leads to asset illiquidity. Banking arises endogenously in this environment as banks can pool illiquid assets to average out their idiosyncratic qualities and issue liquid liabilities backed by pooled assets whose total quality is public information.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial stability, Financial system regulation and policies JEL Code(s): D, D8, D82, E, E4, E44, G, G2, G21
• August 23, 2010

  Scenes of Canada series

  

  Often dubbed the “multicoloured series,” these bank notes were released beginning in 1969 in response to growing concerns about counterfeiting.
• August 20, 2010

  Bank notes: Multimedia

  Access videos about our bank notes, along with images past and present. Images in this gallery are available for non-commercial use only.
• August 19, 2010

  Monetary Policy and the Zero Bound on Nominal Interest Rates

  Bank of Canada Review - Summer 2010 Robert Amano, Malik Shukayev

  The recent financial crisis and global economic slowdown have renewed interest in monetary policy options when the policy interest rate is at or near zero.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Inflation targets, Monetary policy framework
• August 19, 2010

  Price-Level Targeting and Relative-Price Shocks

  Bank of Canada Review - Summer 2010 Stephen Murchison

  Stephen Murchison reviews the findings of recent Bank of Canada research on the relative merits of inflation targeting and price-level targeting (PLT) for a small open economy, such as Canada's, that is susceptible to large and persistent terms-of-trade shocks.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Central bank research, Inflation targets, Monetary policy framework