Posts

• September 30, 2010

  Employment in a Modest Recovery

  Remarks Mark Carney Windsor-Essex Regional Chamber of Commerce, Giovanni Caboto Club Windsor, Ontario

  Insights from financial markets are somewhat fleeting at the moment. A broad range of asset prices from the Canadian dollar to S&P500 futures to European sovereign spreads are unusually correlated and volatile.

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

• Liquidity, Risk, and Return: Specifying an Objective Function for the Management of Foreign Reserves

  Staff Discussion Paper 2010-13 Yuliya Romanyuk

  An objective function is a key component of a strategic portfolio management model used to determine the optimal allocations of assets and, possibly, their associated liabilities over some investment horizon.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Foreign reserves management JEL Code(s): G, G1, G11

• Nowcasting the Global Economy

  Staff Discussion Paper 2010-12 James Rossiter

  Forecasts of global economic activity and inflation are important inputs when conducting monetary policy in small open economies such as Canada. As part of the Bank of Canada's broad agenda to augment its short-term forecasting tools, the author constructs simple mixed-frequency forecasting equations for quarterly global output, imports, and inflation using the monthly global Purchasing Managers Index (PMI).

  Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, International topics JEL Code(s): E, E3, E37, F, F4, F47
• September 15, 2010

  Promoting Canada's Economic and Financial Well-being in an Uncertain World

  Presentation Timothy Lane St. John’s Board of Trade St. John's, Newfoundland and Labrador

  Content Type(s): Press, Speeches and appearances, Presentations
• September 14, 2010

  Bundesbank Lecture 2010: The Economic Consequences of the Reforms

  Remarks Mark Carney Deutsche Bundesbank Berlin, Germany

  Keynes wrote prophetically of the economic consequences of the Treaty of Versailles. Could the same be said of current financial reforms? Are policy-makers taking for granted the essential role performed by finance in a vain pursuit of its risk-proofing?

  Content Type(s): Press, Speeches and appearances, Remarks
• September 14, 2010

  Economic Case for Global Financial Sector Reform Compelling, Bank of Canada Governor Mark Carney Says

  Media Relations Berlin, Germany

  The economic case for global financial sector reform is compelling, and the basic stakes are enormous, Bank of Canada Governor Mark Carney argued today in Berlin in a lecture that focused on the costs and benefits of reform. "Without credible, coordinated financial reforms, we risk losing the open trading and financial system that has underpinned the economic miracle of recent times," he said.

  Content Type(s): Press, Press releases
• September 10, 2010

  Restoring Faith in the International Monetary System

  Remarks Mark Carney Spruce Meadows Changing Fortunes Round Table Calgary, Alberta

  We are three years into the global financial crisis, and its dynamics still dominate the economic outlook. In particular, broad forces of bank, household, and sovereign deleveraging can be expected to add to the variability and temper the pace of global economic growth in the years ahead.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 10, 2010

  Renewed faith in the international monetary system is essential for G20 success, says Bank of Canada Governor Mark Carney

  Media Relations Calgary, Alberta

  Bank of Canada Governor Mark Carney today urged the world's leading nations to ensure that their domestic policies are consistent with the G-20 framework for strong, sustainable, and balanced growth and to support the G-20 financial system reforms.

  Content Type(s): Press, Press releases
• September 8, 2010

  Bank of Canada increases overnight rate target to 1 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 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases
• August 31, 2010

  Survey of Activity in Foreign Exchange and Derivatives Markets in Canada During April 2010

  Media Relations

  This document is in PDF only.

  Content Type(s): Press, Press releases