Posts

• 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

• Credit, Asset Prices, and Financial Stress in Canada

  Staff Working Paper 2008-10 Miroslav Misina, Greg Tkacz

  Historical narratives typically associate financial crises with credit expansions and asset price misalignments. The question is whether some combination of measures of credit and asset prices can be used to predict these events.

  Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial stability JEL Code(s): E, E5, G, G1, G10

• A Model of Housing Boom and Bust in a Small Open Economy

  Staff Working Paper 2008-9 Hajime Tomura

  This paper considers a dynamic stochastic general equilibrium model for a small open economy and finds that an improvement in the terms of trade causes a housing boom-bust cycle if the duration of the improvement is uncertain.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Credit and credit aggregates JEL Code(s): E, E4, E44, F, F4, F41
• April 3, 2008

  Results of the 3 April 2008 Term PRA Transaction

  The results of today's term PRA operations are as follows:

  Content Type(s): Press, Market notices
• April 2, 2008

  Trends and Challenges in the Global Economy and What They Mean for Canada and Ontario

  Remarks Paul Jenkins London Chamber of Commerce London, Ontario

  As is the case for so many cities and regions in Canada, London's economy and that of southwestern Ontario are directly affected by changes in the global economy. And, as with so many things in life, the better we understand the forces of change, the better equipped we are to deal with them.

  Content Type(s): Press, Speeches and appearances, Remarks