Posts

• April 24, 2014

  Banking and Financial Statistics - April 2014

  Content Type(s): Publications, Historical: Banking and Financial Statistics
• April 21, 2014

  Weekly Financial Statistics - 21 April 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Uncertain Costs and Vertical Differentiation in an Insurance Duopoly

  Staff Working Paper 2014-14 Radoslav Raykov

  Classical oligopoly models predict that firms differentiate vertically as a way of softening price competition, but some metrics suggest very little quality differentiation in the U.S. auto insurance market.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Market structure and pricing JEL Code(s): D, D4, D43, D8, D81, G, G2, G22, L, L2, L22

• Bond Risk Premia and Gaussian Term Structure Models

  Staff Working Paper 2014-13 Bruno Feunou, Jean-Sébastien Fontaine

  Cochrane and Piazzesi (2005) show that (i) lagged forward rates improve the predictability of annual bond returns, adding to current forward rates, and that (ii) a Markovian model for monthly forward rates cannot generate the pattern of predictability in annual returns.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Asset pricing, Interest rates JEL Code(s): E, E4, E43, E47, G, G1, G12
• April 16, 2014

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Toronto, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 16, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases
• April 16, 2014

  Monetary Policy Report – April 2014

  

  Economic growth in Canada is expected to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016.

  Content Type(s): Publications, Monetary Policy Report
• April 11, 2014

  Bank of Canada announces appointment of Carolyn Wilkins as Senior Deputy Governor

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced that Carolyn Wilkins has been appointed Senior Deputy Governor for a term of seven years beginning 2 May 2014.

  Content Type(s): Press, Press releases
• April 11, 2014

  Weekly Financial Statistics - 11 April 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• April 10, 2014

  Notice of Memorandum of Understanding between the Autorité des marchés financiers, the British Columbia Securities Commission, the Ontario Securities Commission and the Bank of Canada

  The Autorité des marchés financiers (AMF), the British Columbia Securities Commission (BCSC), the Ontario Securities Commission (OSC) and the Bank of Canada have entered into a Memorandum of Understanding (MOU) to facilitate co-operation in carrying out their respective oversight responsibilities for financial market infrastructures (FMIs).

  Content Type(s): Press, Market notices