April 24, 2008 Monetary Policy Report – April 2008 Growth in the global economy began to slow in the fourth quarter of 2007 and the first quarter of 2008. This reflected the effects of the slowdown in the U.S. economy and ongoing dislocations in global financial markets. Content Type(s): Publications, Monetary Policy Report
April 24, 2008 Release of the Monetary Policy Report Opening statement Mark Carney Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated. Content Type(s): Press, Speeches and appearances, Opening statements
April 22, 2008 Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 3 per cent. Content Type(s): Press, Press releases
An Examination of Canadian Firms Delisting from U.S. Exchanges Staff Working Paper 2008-11 Jonathan Witmer This paper examines Canadian and other foreign firms that have been involuntarily delisted from major U.S. exchanges. I find that, for most countries, less than 10% of firms get delisted from a U.S. exchange during my sample period. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G3, G30, G38
April 17, 2008 Results of the 17 April 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
April 16, 2008 Results of the 16 April 2008 Sale of Treasury Bills for Balance Sheet Management Purposes Results of the 16 April 2008 Sale of Treasury Bills. Content Type(s): Press, Market notices
April 15, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $2 billion of its holdings of treasury bills. This transaction will offset the temporary increase in assets associated with the term purchase and resale transactions announced today. Content Type(s): Press, Market notices
April 15, 2008 Bank of Canada Announces Term PRA Transaction As part of its continuing provision of liquidity in support of the efficient functioning of financial markets, the Bank of Canada announced today that it will enter into a 28-day term purchase and resale agreement (PRA) as follows: Content Type(s): Press, Market notices
April 14, 2008 Business Outlook Survey - Spring 2008 In the spring survey, a number of indicators eased from their level in the winter survey. While the weaker U.S. economic situation is weighing more heavily on the outlook, firms are not expecting a marked change in the pace of business activity. Content Type(s): Publications, Business Outlook Survey
April 10, 2008 Credit Markets, Financial Stability, and Monetary Policy Remarks David Longworth Global Investment Conference Lake Louise, Alberta Today, I'd like to discuss some of the crucial issues that we have been dealing with during this period. I'll begin with a brief overview of some key events that have led to the turbulence that continues to upset financial markets and that greatly contributed to the remarkably wide credit spreads that we now witness. Content Type(s): Press, Speeches and appearances, Remarks