Uncategorized

• October 25, 2007

  Forecasting Short-Term Economic Developments and the Role of Econometric Models

  Conference held on 25 and 26 October 2007 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops
• October 21, 2007

  Credit Market Turbulence and Policy Challenges Ahead

  Remarks David Dodge Institute of International Finance Washington, D.C.

  Given the Institute's membership and its focus on financial stability, I feel safe in saying that all of us here today watched this summer's turbulence in credit markets with interest, to put it mildly. What began in the spring as a repricing of credit risk turned into dislocations that have yet to fully run their course.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 20, 2007

  Modern Central Banking: A Canadian Perspective

  Presentation Paul Jenkins HEC Montréal

  Content Type(s): Press, Speeches and appearances, Presentations
• October 18, 2007

  Monetary Policy Report – October 2007

  

  There have been a number of significant economic and financial developments since the time of the July Monetary Policy Report Update.

  Content Type(s): Publications, Monetary Policy Report
• October 18, 2007

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since the July Monetary Policy Report Update, and against a backdrop of robust global economic expansion and strong commodity prices, the Canadian economy has been stronger than projected. It is now operating further above its production potential than had been previously expected.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 16, 2007

  Bank of Canada keeps target for the overnight rate at 4 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent.

  Content Type(s): Press, Press releases
• October 11, 2007

  Deputy Governor Tiff Macklem appointed Associate Deputy Minister of Finance

  Media Relations Ottawa, Ontario

  The Prime Minister announced today that Tiff Macklem, Deputy Governor of the Bank of Canada, has been appointed Associate Deputy Minister of Finance, effective 1 November.

  Content Type(s): Press, Press releases
• October 5, 2007

  Business Outlook Survey - Autumn 2007

  Overall, businesses continue to be positive about the economic outlook, notwithstanding lower expectations for U.S. economic growth and recent financial market turbulence.

  Content Type(s): Publications, Business Outlook Survey
• October 4, 2007

  Mark Carney Appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Mark Carney as Governor of the Bank of Canada for a seven-year term, effective 1 February 2008.

  Content Type(s): Press, Press releases

• Rediscounting Under Aggregate Risk with Moral Hazard

  Staff Working Paper 2007-51 James Chapman, Antoine Martin

  Freeman (1999) proposes a model in which discount window lending and open market operations have different effects. This is important because in most of the literature, these policies are indistinguishable.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Central bank research, Financial markets, Payment clearing and settlement systems JEL Code(s): E, E5, E58, G, G2, G20