The Role of Financial Speculation in Driving the Price of Crude Oil
Over the past 10 years, financial firms have increased the size of their positions in the oil futures market. At the same time, oil prices have increased dramatically.
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June 29, 2011
Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve in coordination with other central banks
The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today announced an extension of the existing temporary U.S. dollar liquidity swap arrangements through 1 August 2012. -
June 28, 2011
Financial Risks and Global Reforms
In a speech to members of the Financial Markets Association of Canada and Women in Capital Markets, Deputy Governor Agathe Côté discusses risks to the Canadian financial system and reform of the global system. -
June 23, 2011
Bank of Canada: Promoting Canada’s Economic and Financial Well-being
In remarks to the Lethbridge Chamber of Commerce, Deputy Governor John Murray discusses the work of the Bank of Canada and its economic outlook. -
June 22, 2011
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Governor Mark Carney outlines the highlights of the Bank of Canada’s analyses of the economic outlook and the stability of the financial system. -
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June 22, 2011
Financial System Review - June 2011
In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that, although the Canadian financial system is currently on a sound footing, risks to its stability remain elevated and have edged higher since December 2010. -
External Stability, Real Exchange Rate Adjustment and the Exchange Rate Regime in Emerging-Market Economies
In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroeconomic and financial instability.