April 14, 2007 Bank of Canada Review - Spring 2007 Cover page Gas Cards All gas cards pictured here are part of the National Currency Collection of the Bank of Canada. Content Type(s): Publications, Bank of Canada Review
April 13, 2007 The Large-Value Payments System: Insights from Selected Bank of Canada Research Bank of Canada Review - Spring 2007 Neville Arjani, Walter Engert Given the Bank of Canada's strong interest in the safe and efficient operation of major clearing and settlement systems, the Bank maintains a rigorous research agenda as a means of informing payments system policy and oversight. In this article, Arjani and Engert review recent research undertaken by Bank staff concerning the risk and efficiency of the Large Value Transfer System (LVTS). Based on the findings from this research, the authors conclude that the design of the LVTS strikes an effective balance between risk and efficiency. The article also demonstrates the increased use of simulation analysis as a tool for conducting payments system research. A brief summary of the Bank's oversight strategy for systemically important payments systems is also provided. Goals for future research are noted as well, including modelling of participant behaviour and continued external collaboration with other researchers. Content Type(s): Publications, Bank of Canada Review articles
April 12, 2007 Addition of Two Government Securities Distributors for Government of Canada Securities The Bank of Canada, on behalf of the Government of Canada, announces the addition of two new Government Securities Distributors for Government of Canada marketable bonds and treasury bills. Content Type(s): Press, Market notices
April 12, 2007 Dealing with Uncertainty in the Conduct of Monetary Policy Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals. Content Type(s): Press, Speeches and appearances, Remarks
April 11, 2007 Changes in the release times for both the call for tenders for cash-management bills (CMBs) and the preliminary International Securities Identification Numbers (ISINs) for regular treasury bills In the Debt Management Strategy 2007/08, the government announced that the release time for call for tenders for cash-management bills (CMBs) will be moved from 10:00 (ET) to 09:45 (ET). Effective 16 April 2007, CMBs call for tenders issued on or after this date will be released at 09:45 (ET). The auction timetable can be found on the Bank of Canada website. Content Type(s): Press, Market notices
March 29, 2007 The Bank of Canada Releases Its Annual Report for 2006 Media Relations Ottawa, Ontario The Bank of Canada's Annual Report for 2006 was tabled in the House of Commons today. Content Type(s): Press, Press releases
March 29, 2007 Promoting Sound Economic Policies Globally and Locally Remarks David Dodge Americas Society and the Council of the Americas New York, New York In my opinion, much of this performance can be credited to the increasingly widespread acceptance of the need for a liberalized worldwide financial and trade order. Many countries that once closed themselves to the outside world are now actively engaged in the global economy. Content Type(s): Press, Speeches and appearances, Remarks
March 29, 2007 Dodge discusses the need for sound economic policies, both globally and locally Media Relations New York, New York In a speech to the Americas Society and the Council of the Americas, Bank of Canada Governor David Dodge said today that the United States and Canada should lead the effort to strengthen institutions such as the International Monetary Fund. Content Type(s): Press, Press releases
March 22, 2007 Spring 2007 Consultations – Views Sought on the Auction Plan for Real Return Bonds A consultation document relating to the auction schedule for Real Return Bonds for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
March 22, 2007 Promoting Economic Flexibility: A Shared Responsibility Presentation Paul Jenkins The Economist Business Roundtable with the Government of Canada These remarks are based on a to the Vancouver Board of Trade, 13 September 2006. Content Type(s): Press, Speeches and appearances, Presentations