Uncategorized
-
-
-
December 9, 2010
Financial System Review - December 2010
Although the global financial system continues to recover gradually from the unprecedented dislocations experienced in recent years, significant downside risks remain. Market concerns over acute fiscal strains in some euro-area countries have intensified sharply in recent weeks.
-
December 9, 2010
Results of the 9 December 2010 Term Repo Operation for Balance Sheet Management Purposes
Today's results of the Term Repo Operation for Balance Sheet Management Purposes -
December 8, 2010
Bank of Canada Announces Details of its Term Repo for Balance Sheet Management Purposes Operation
Primary dealers are asked to submit their bids to the Bank of Canada between 09:15 and 09:30 (ET) on the day of the auction. The results of this operation will be announced on the Bank’s web site by 10:00 (ET). Winning bidders must notify the Bank of Canada of the securities that will be used in the operation by 11:00 (ET) on the day of the auction. -
December 7, 2010
Bank of Canada maintains overnight rate target at 1 per cent
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. -
November 18, 2010
Where the Economy and Finance Meet
As the title of my speech suggests, I would like to discuss the connections between the real economy – the tangible world of jobs, goods and services – and the more intangible world of finance – of money flows, interest rates and the stock market. They have a long and eventful history. -
November 9, 2010
Looking Back, Moving Forward: Canada and Global Financial Reform
There is an old saying, “Knowledge is gained from experience, and experience is gained from mistakes.” In Canada, we made our mistakes early and often in the 1970s and 1980s. Our fiscal situation deteriorated sharply, inflation surged to double-digit levels, and a few small regional banks collapsed. -
November 4, 2010
Time change: Government of Canada 10 November 2010 2-year bond auction
The Government of Canada 2-year bond auction scheduled for 10 November 2010 will be held at 10:30 (ET) instead of at the usual auction time of 12:00 (ET) -
October 28, 2010
Change in Minimum Bank of Canada Nominal Bond Purchases at Auctions
The Bank of Canada is increasing its purchases of nominal bonds at auctions to 15 per cent effective immediately. This will assist in bringing its holdings of Government of Canada securities more in line with the composition of the government's stock of nominal domestic marketable debt, consistent with the Bank of Canada's policy for managing its balance sheet.