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1401 Results

April 25, 2012

Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce

Opening statement Mark Carney Senate Standing Committee on Banking, Trade and Commerce Ottawa, Ontario
Good afternoon. Tiff and I are pleased to be here with you today to discuss the April Monetary Policy Report, which the Bank published last week. The profile for global economic growth has improved since the Bank released its January MPR. Europe is expected to emerge slowly from recession in the second half of 2012, […]

The new repo tri-party Canadian Collateral Management Service: Benefits to the financial system and to the Bank of Canada

Staff analytical note 2025-6 Philippe Muller, Maksym Padalko
The Canadian Collateral Management Service (CCMS) is a new tri-party collateral management service offered by the TMX Group and Clearstream. CCMS will enhance Canada’s financial infrastructure for securities financing transactions, including for the repurchase, or repo, market that is a core funding market in Canada. We explain the importance of the repo market and describe the benefits of the CCMS for market participants and for the Bank of Canada.
August 24, 2004

The Efficiency of Canadian Capital Markets: Some Bank of Canada Research

Capital markets and their related financial instruments make an important contribution to the welfare of Canadians. The Bank of Canada is interested in the efficient functioning of capital markets through each of its responsibilities for monetary policy, the financial system, and funds management. Hendry and King highlight the key findings of Bank research published over the past year that addresses capital market efficiency and summarize lessons that have been learned. The research conducted thus far suggests that Canadian capital markets are efficient for a capital market of Canada's size but are less diverse than the U.S. capital markets, indicating that there is room for improvement in certain areas.
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