Uncategorized

• March 26, 2020

  Results of today’s Canada Mortgage Bond purchase operation

  Today the Bank of Canada purchased $ 260,000,000 of Canada Mortgage Bonds in the secondary market.

  Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
• March 25, 2020

  Results of today’s Provincial Money Market Purchase program

  As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $279.21 million of provincial treasury bills and/or promissory notes.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• March 25, 2020

  Operational details for the upcoming Expansion of the Bank of Canada’s Bond Buyback Program

  Consistent with the announcement that the Bank of Canada (the Bank), acting as fiscal agent, will extend its buybacks across all benchmark maturity sectors, the Bank is announcing today the following operations for the next two weeks.

  Content Type(s): Press, Market notices

• Do Protectionist Trade Policies Integrate Domestic Markets? Evidence from the Canada-U.S. Softwood Lumber Dispute

  Staff Working Paper 2020-10 Jinggang Guo, Craig Johnston

  We consider the effects of protectionist trade policies on international and domestic market integration, using evidence from the long-standing softwood lumber trade dispute between Canada and the United States.

  Content Type(s): Staff research, Staff working papers Research Topic(s): International topics, Market structure and pricing, Trade integration JEL Code(s): F, F1, F13, Q, Q1, Q17

• Welfare Analysis of Equilibria With and Without Early Termination Fees in the US Wireless Industry

  Staff Working Paper 2020-9 Joseph Cullen, Nicolas Schutz, Oleksandr Shcherbakov

  The elimination of long-term contracts and early termination fees (ETFs) in the US wireless industry at the end of 2015 increased monthly service fees by 2 to 5 percent. Nevertheless, consumers are clearly better off without ETFs. While firms’ revenues from ETFs vanish, their profits from monthly fees increase. As a result, the overall effect on producer profits is less clear.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods, Firm dynamics, Market structure and pricing JEL Code(s): D, D2, D22, L, L1, L15, L9, L96
• March 24, 2020

  Bank of Canada Announces New Program to Support Provincial Funding Markets

  The Bank of Canada today announced a new program to support the liquidity and efficiency of provincial government funding markets.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• March 24, 2020

  COVID-19: Actions to Support the Economy and Financial System

  Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.

  Content Type(s): Press, Announcements
• March 24, 2020

  COVID-19: Actions to Support the Economy and Financial System

  Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.

  Content Type(s): Publications, Financial System Hub articles
• March 24, 2020

  Results of today’s Canada Mortgage Bond purchase operation

  Today the Bank of Canada purchased $ 242,000,000 of Canada Mortgage Bonds in the secondary market.

  Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
• March 24, 2020

  Statement of G7 Finance Ministers and Central Bank Governors

  Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the spread of the coronavirus disease 2019 (COVID-19).

  Content Type(s): Press, Announcements