Posts

• July 25, 2007

  Bank of Canada releases 2008 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2008 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 18, 2007

  Update on Selection Process for Governor of the Bank of Canada Released by the Special Committee of the Bank's Board of Directors

  In accordance with the Bank of Canada Act, the Governor of the Bank of Canada is appointed by the independent directors with the approval of the Governor in Council (federal Cabinet). Following an announcement on 25 April 2007 that the current Governor, Mr. David Dodge, would not be seeking reappointment at the end of his seven year mandate on 31 January 2008, the Bank's Board of Directors initiated a process to find a replacement.

  Content Type(s): Press, Announcements

• Asset-Price Misalignments and Monetary Policy: How Flexible Should Inflation-Targeting Regimes Be?

  Staff Discussion Paper 2007-6 Jack Selody, Carolyn A. Wilkins

  The authors analyze the extent to which inflation-targeting frameworks should incorporate flexibility in order to respond to asset-price misalignments and other atypical events. They examine the costs and benefits of adding flexibility to the Bank's current inflation-targeting framework, and conclude that maintaining low and stable consumer price inflation is the best contribution that monetary policy […]

  Content Type(s): Staff research, Staff discussion papers Topic(s): Inflation targets, Monetary policy framework JEL Code(s): E, E5, E6
• July 12, 2007

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Economic growth and inflation in Canada in the first half of this year have been stronger than was expected in the April Monetary Policy Report. The Bank judges that the economy is now operating further above its production potential than was projected in April.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 12, 2007

  Monetary Policy Report Update – July 2007

  Economic growth and inflation in Canada in the first half of this year have been stronger than expected in the April Monetary Policy Report.

  Content Type(s): Publications, Monetary Policy Report
• July 12, 2007

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  Economic growth and inflation in Canada in the first half of this year have been stronger than was expected in the April Monetary Policy Report.

  Content Type(s): Press, Press releases
• July 10, 2007

  Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 4 1/2 per cent.

  Content Type(s): Press, Press releases
• July 5, 2007

  The Bank of Canada - Rotman School of Management Workshop on Advances in Portfolio Management

  Conference held on 5 to 7 July 2007 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops

• Multilateral Adjustment and Exchange Rate Dynamics: The Case of Three Commodity Currencies

  Staff Working Paper 2007-41 Jeannine Bailliu, Ali Dib, Takashi Kano, Lawrence L. Schembri

  In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of three commodity currencies – the Australian, Canadian and New Zealand (ACNZ) dollars.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Exchange rates JEL Code(s): C, C1, C11, C2, C22, F, F3, F31, F32

• Family Values: Ownership Structure, Performance and Capital Structure of Canadian Firms

  Staff Working Paper 2007-40 Michael R. King, Eric Santor

  This study examines how family ownership affects the performance and capital structure of 613 Canadian firms using a panel dataset from 1998 to 2005.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G1, G12, G15