December 21, 2003 The Rationale for Cross-Border Listings Bank of Canada Review - Winter 2003-2004 Éric Chouinard, Chris D'Souza Technological progress and the liberalization of capital flows have both contributed to the considerable changes in global equity markets over the past few decades. Yet obstacles to international capital flows still exist, leading to segmentation of markets and creating incentives for corporate managers to adopt financial policies such as international cross-listing. In exploring the costs and benefits of cross-listing, Chouinard and D'Souza find that U.S. exchanges are attracting an increasing share of cross-listed firms. The empirical studies they review suggest that the cost of equity capital declines following a foreign listing as a result of lower transactions costs or an improvement in the quality and quantity of firm-specific information available to investors. As well, informational asymmetries across countries prevent simultaneous price discovery across exchanges. Content Type(s): Publications, Bank of Canada Review articles
March 31, 2016 Research Update - March 2016 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
September 25, 2017 Historical positions of members of Payments Canada with the Bank of Canada (formerly B3) Inactive: Starting June 13, 2022, the Bank of Canada no longer updates this table.
April 22, 2004 Research in Financial Services and Public Policy - Filling the Gaps Remarks David Dodge Conference on Financial Services and Public Policy Schulich School of Business at York University Toronto, Ontario For five years, the research program here at Schulich has helped to support and nurture a Canadian academic community focused on financial services. In doing so, the program has encouraged researchers to fill the gaps in our knowledge and help policy-makers and regulators to do a better job. After five years, it's useful to think back and recall the motivations for establishing this program in the first place. Content Type(s): Press, Speeches and appearances, Remarks
September 24, 2014 Are We There Yet? The United States and Canada After the Global Financial Crisis Remarks Timothy Lane Carleton University Ottawa, Ontario Deputy Governor Timothy Lane discusses how the economic ties between Canada and the United States are evolving as the recovery from the 2008-09 financial crisis continues. Content Type(s): Press, Speeches and appearances, Remarks
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.
March 26, 2011 Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows Media Relations Calgary, Alberta Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system. Content Type(s): Press, Press releases
Bitcoin Awareness and Usage in Canada Staff working paper 2017-56 Christopher Henry, Kim Huynh, Gradon Nicholls There has been tremendous discussion of Bitcoin, digital currencies and FinTech. However, there is limited empirical evidence of Bitcoin’s adoption and usage. We propose a methodology to collect a nationally representative sample using the Bitcoin Omnibus Survey (BTCOS) to track the ubiquity and usage of Bitcoin in Canada. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C1, C12, E, E4 Research Theme(s): Money and payments, Cash and bank notes, Digital assets and fintech
December 20, 2010 Strengthening the Infrastructure of Over-the-Counter Derivatives Markets Financial System Review - December 2010 Carolyn A. Wilkins, Elizabeth Woodman Content Type(s): Publications, Financial System Review articles
February 14, 2024 Start date for the morning auction of Receiver General cash balances The Bank of Canada (the “Bank”), in its role as fiscal agent for the Government of Canada, previously announced the government’s intention to reintroduce morning auctions of Receiver General (RG) cash balances. Today, the Bank is announcing that RG auctions will commence on February 21st, 2024, and be conducted daily at 9:15 am. Content Type(s): Press, Market notices