February 11, 2021 Canadian universities propose designs for a central bank digital currency The Bank of Canada is researching potential system designs and business models for a digital currency that, like a banknote, would be widely accessible, secure and denominated in Canadian dollars. Content Type(s): Press, Announcements
Repo Market Functioning when the Interest Rate Is Low or Negative Staff discussion paper 2017-3 Jean-Sébastien Fontaine, James Hately, Adrian Walton This paper investigates how a low or negative overnight interest rate might affect the Canadian repo markets. The main conclusion is that the repo market for general collateral will continue to function effectively. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D4, G, G1, G10, G12 Research Theme(s): Financial markets and funds management, Market functioning, Market structure
February 17, 2005 Governor Dodge Discusses the Implications of Currency Movements for Monetary Policy Media Relations Vancouver, British Columbia Bank of Canada Governor David Dodge said today, that in conducting monetary policy, the Bank analyzes movements in the Canadian dollar in the context of economic and financial data and events. Content Type(s): Press, Press releases
January 20, 2004 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent Media Relations Ottawa, Ontario Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 3/4 per cent. Content Type(s): Press, Press releases
August 10, 1996 Inflation expectations and Real Return Bonds Bank of Canada Review - Summer 1996 Agathe Côté, Jocelyn Jacob, John Nelmes, Miles Whittingham The existence of a market for Real Return Bonds in Canada provides a direct tool with which to measure market expectations of inflation by comparing the yields on these bonds with those on conventional Government of Canada long-term bonds. However, there are other factors besides inflation expectations that may affect the yield differential. After reviewing these factors, the authors note that they can lead to a potentially large bias in the level of inflation expectations. The changes in the differential over time may, nonetheless, be a good indicator of movements in long-run inflation expectations. Based on this measure, expectations of long-run inflation have declined since late 1994. Content Type(s): Publications, Bank of Canada Review articles
August 23, 2007 Bank of Canada Announces the Recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce the recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Press releases
June 15, 2005 Governor Dodge Discusses How Canada Is Adjusting to Change Media Relations Winnipeg, Manitoba Bank of Canada Governor David Dodge said today that Canadians are making the adjustments that will help our economy thrive in a changing global economic environment. Content Type(s): Press, Press releases