Press

• December 23, 2007

  Bank of Canada welcomes restructuring announcement by Pan-Canadian Investors Committee

  The Bank of Canada welcomes the announcement that an agreement-in-principle has now been reached among parties to the Montreal Accord for the restructuring of non-bank asset-backed commercial paper.

  Content Type(s): Press, Market notices
• December 18, 2007

  Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  Beginning today, the Bank of Canada is inviting nominations for the fifth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award recognizes police officers, employees, or volunteers of a Canadian law-enforcement agency who have demonstrated outstanding commitment and initiative in counterfeiting deterrence and prevention.

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

  Results of the 18 December 2007 Term PRA Transaction

  The results of today's term PRA operations

  Content Type(s): Press, Market notices
• December 17, 2007

  Bank of Canada provides final details of 18 December Term PRA operation announced 12 December

  Today, the Bank of Canada provided the final details of the 18 December term purchase and resale agreement (term PRA) operation

  Content Type(s): Press, Market notices
• December 15, 2007

  Bank of Canada response to announcement by Pan-Canadian Investors Committee

  The Bank of Canada is pleased that substantial progress towards establishing a broad framework for the restructuring of the third-party structured asset-backed commercial paper (ABCP) under the Montreal Accord has been made by the parties involved.

  Content Type(s): Press, Market notices
• December 13, 2007

  Results of the 13 December 2007 Term PRA Transaction

  The results of today's term PRA operations

  Content Type(s): Press, Market notices
• December 12, 2007

  Expansion of List of Securities Eligible as Collateral for Use Under Bank of Canada Standing Liquidity Facility

  Under its Standing Liquidity Facility (SLF), the Bank of Canada is prepared to provide liquidity on a daily basis to financial institutions that participate directly in the payments systems operated by the Canadian Payments Association. Loans made by the Bank of Canada must be fully collateralized.

  Content Type(s): Press, Market notices
• December 12, 2007

  Bank of Canada Temporarily Expands List of Securities Eligible for Term PRA Transactions

  Today, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are announcing measures designed to address elevated pressures in short-term funding markets.

  Content Type(s): Press, Market notices
• December 10, 2007

  Reflections on Developments in the Canadian Financial System

  Remarks David Dodge Canadian Club of Toronto and the Empire Club of Canada Toronto, Ontario

  It has become a tradition that I deliver a speech late in the year on issues related to the financial system. When I say "financial system," I mean financial institutions and markets, together with the clearing and settlement systems through which financial assets flow.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 10, 2007

  Governor Dodge Says Transparency Essential for Financial Market Efficiency

  Media Relations Toronto, Ontario

  Recent market events have shown how important it is to have appropriate levels of transparency and disclosure of information for financial markets to function well, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases