Posts

• Labour Shares and the Role of Capital and Labour Market Imperfections

  Staff Discussion Paper 2009-2 Lena Suchanek

  In continental Europe, labour shares in national income have exhibited considerable variation since 1970. Empirical and theoretical research suggests that the evolution of labour markets and labour market imperfections can, in part, explain this phenomenon.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Financial institutions, Labour markets JEL Code(s): C, C7, C78, E, E2, E25, J, J6, J64

• Canada and the IMF: Trailblazer or Prodigal Son?

  Staff Discussion Paper 2009-1 Michael Bordo, Lawrence L. Schembri, Tamara Gomes

  Canada played an important role in the postwar establishment of the International Monetary Fund (IMF), yet it was also the first major member to challenge the orthodoxy of the BrettonWoods par value system by abandoning it in 1950 in favour of a floating, market-determined exchange rate.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Exchange rate regimes, Exchange rates, Monetary policy framework JEL Code(s): E, E5, E52, E58, F, F4, F41, F5, F55, N, N7, N72
• January 27, 2009

  Summary of Comments - 2009/10 Debt Strategy Consultations

  Today, a Summary of Comments on the Debt Strategy Consultations for 2009/10 is being published on the Bank of Canada's website in conjunction with the release of the government's Debt Management Strategy for 2009/10 on the Department of Finance's website.

  Content Type(s): Press, Market notices
• January 27, 2009

  Bank of Canada's continued focus on inflation right for current economic times: Governor Carney

  Media Relations Halifax, Nova Scotia

  Canadians can be confident that monetary policy will maintain a "relentless" focus on controlling inflation, whether it rises above or drops below the official target range, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• January 27, 2009

  Inflation Targeting in a Global Recession

  Remarks Mark Carney Halifax Chamber of Commerce Halifax, Nova Scotia

  These are challenging times, indeed. We are facing a financial crisis without comparison for generations. Most financial markets have experienced historic declines in prices and unprecedented spikes in volatility.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 27, 2009

  Results of the 27 January 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• January 27, 2009

  Summary of Comments - 2009/10 Debt Strategy Consultations

  In November 2008, officials from the Department of Finance and the Bank of Canada sought views from government securities distributors, institutional investors, and other interested parties on issues relating to the design and operation of the domestic Government of Canada debt program for the remainder of the current fiscal year, 2009/10, and over the medium term, including issuance related to the Insured Mortgage Purchase Program (IMPP).
• January 26, 2009

  Bank of Canada Announces Details of its 28 Day Term PRA Transaction

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 January, the Bank of Canada announced today that it will enter into a 28-day term PRA transaction.

  Content Type(s): Press, Market notices
• January 26, 2009

  Results of the 26 January 2009 Term PRA Transaction for Private Sector Money Market Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• January 26, 2009

  Results for the 26 January 2009 Term Loan Facility

  Results of today's TLF operation

  Content Type(s): Press, Market notices