Posts

• November 17, 2011

  Modelling the Counterfeiting of Bank Notes: A Literature Review

  Bank of Canada Review - Autumn 2011 Ben Fung, Enchuan Shao

  The objective of this article is to improve our understanding of counterfeiting and its policy implications by reviewing research in this area. There has been almost no empirical work on counterfeiting because of the limited availability of counterfeiting data and related statistics. The authors therefore focus on theoretical studies that directly model the behaviour of the relevant economic agents. They first establish some stylized facts about counterfeiting to provide a general understanding of the problem. They then briefly review several models of counterfeiting and summarize their relevant insights, focusing on the implications of the findings for the incentive to counterfeit, social welfare and anti-counterfeiting policies. The authors find that the policy implications of these studies support the Bank’s comprehensive anti-counterfeiting strategy.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Bank notes
• November 17, 2011

  New Developments in Payments and Settlement

  Conference held on 17 and 18 November 2011 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops
• November 16, 2011

  Debt Management Strategy Consultations - 2012-13

  The Department of Finance and the Bank of Canada are seeking views of government securities distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2012-13 and beyond.

  Content Type(s): Press, Market notices
• November 14, 2011

  Bank Note Launch

  Remarks Mark Carney MaRS Discovery District Toronto, Ontario

  Governor Mark Carney announces the launch of the new $100 bank note.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Bank notes
• November 14, 2011

  Bank of Canada Issues $100 Bill – First Canadian Polymer Bank Note

  Media Relations Ottawa, Ontario

  The Bank of Canada today began circulating the new $100 bill – Canada’s first polymer bank note. This new note will be available at financial institutions from coast to coast to coast over the next few weeks. The $100 note features a portrait of Sir Robert Borden, Prime Minister of Canada between 1911 and 1920, […]

  Content Type(s): Press, Press releases Topic(s): Bank notes
• November 9, 2011

  Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which summarizes the key elements of Canada's inflation-targeting framework.

  Content Type(s): Press, Press releases
• November 8, 2011

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards.

  Content Type(s): Press, Press releases
• November 8, 2011

  Global Liquidity

  Remarks Mark Carney Canada-United Kingdom Chamber of Commerce London, United Kingdom

  Governor Mark Carney discusses how global liquidity cycles affect financial stability and economic growth, and what policy can do about it.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 8, 2011

  Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney

  Media Relations London, United Kingdom

  Large, abrupt fluctuations in global liquidity are having a major impact on global financial stability and economic growth, Bank of Canada Governor Mark Carney said today in a speech to the Canada-United Kingdom Chamber of Commerce. “Over the medium term, the continuation of such extreme liquidity cycles could ultimately threaten open capital markets and a […]

  Content Type(s): Press, Press releases
• November 7, 2011

  Renewal of the Inflation-Control Target (November 2011)

  Commentary and technical data relating to the 2011 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy