G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T10:48:44+00:00Assessment of Liquidity Creation in the Canadian Banking System
https://www.bankofcanada.ca/2019/12/staff-analytical-note-2019-30/
Liquidity creation is a fundamental function of banks. It provides the public with easy access to funds. These funds are important because they allow households and businesses to consume and invest. In this note, we measure liquidity creation by Canadian financial institutions from the first quarter of 2012 to the second quarter of 2019, using a methodology suggested by Berger and Bouwman (2009) and known as the BB measure.2019-12-09T10:25:58+00:00enAssessment of Liquidity Creation in the Canadian Banking System2019-12-09Borrowing Costs for Government of Canada Treasury Bills
https://www.bankofcanada.ca/2019/10/staff-analytical-note-2019-28/
The cost of borrowing Government of Canada treasury bills (t-bills) in the repurchase (repo) market is mainly explained by the relationship between the parties involved. Some pairs of parties conduct most of their repos for t-bills rather than bonds, and at relatively high borrowing costs. We speculate that these pairs have formed a mutually beneficial service relationship in which one party consistently receives t-bills, while the other receives cash at a relatively cheap rate.2019-10-07T13:42:14+00:00enBorrowing Costs for Government of Canada Treasury Bills2019-10-07Relative Value of Government of Canada Bonds
https://www.bankofcanada.ca/2019/08/staff-analytical-note-2019-23/
Government of Canada bonds in circulation that promise very similar payoffs can have different prices. We study the reason for these differences. Bonds that trade more often and earn high rental income in the repurchase agreement (repo) market tend to have higher prices. Bonds with longer tenors and times to maturity tend to have lower prices. This contrast between cheap and expensive bonds is important because trading volume and rental income can change rapidly, unlike tenor and time to maturity, which are stable.2019-08-02T06:00:27+00:00enRelative Value of Government of Canada Bonds2019-08-02Measuring Non-Financial Corporate Sector Vulnerabilities in Canada
https://www.bankofcanada.ca/2019/05/staff-analytical-note-2019-15/
The ratio of non-financial corporate debt to gross domestic product in Canada has increased noticeably in recent years and is currently at an all-time high. In light of this development, we use a unique firm-level dataset to construct vulnerability indicators for the non-financial corporate sector in Canada.2019-05-13T16:03:58+00:00enMeasuring Non-Financial Corporate Sector Vulnerabilities in Canada2019-05-13Entrepreneurial Incentives and the Role of Initial Coin Offerings
https://www.bankofcanada.ca/2019/05/staff-working-paper-2019-18/
Initial coin offerings (ICOs) are a new mode of financing start-ups that saw an explosion in popularity in 2017 but declined in popularity in the second half of 2018 as regulatory pressure, instances of fraud and reports of poor performance began to undermine their reputation.2019-05-06T17:16:15+00:00enEntrepreneurial Incentives and the Role of Initial Coin Offerings2019-05-06Asset pricingExchange ratesStaff Working Paper 2019-18https://www.bankofcanada.ca/wp-content/uploads/2019/05/swp2019-18.pdfEntrepreneurial Incentives and the Role of Initial Coin OfferingsRodney J. GarrattMaarten van OordtMay 2019GG3G32Financial Distress and Hedging: Evidence from Canadian Oil Firms
https://www.bankofcanada.ca/2019/04/staff-discussion-paper-2019-4/
The paper explores the link between financial distress and the commodity price hedging behaviour of Canadian oil firms.2019-04-29T15:11:39+00:00enFinancial Distress and Hedging: Evidence from Canadian Oil Firms2019-04-29Financial marketsFirm dynamicsFinancial Distress and Hedging: Evidence from Canadian Oil Firmshttps://www.bankofcanada.ca/wp-content/uploads/2019/04/sdp2019-4.pdfFinancial Distress and Hedging: Evidence from Canadian Oil FirmsKun MoFarrukh SuvankulovSophie GriffithsApril 2019GG3G32QQ4Q40