Posts

• December 11, 2012

  Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney

  Media Relations Toronto, Ontario

  While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks  in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […]

  Content Type(s): Press, Press releases
• December 7, 2012

  Weekly Financial Statistics - 7 December 2012

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Liquidity and Central Clearing: Evidence from the CDS Market

  Staff Working Paper 2012-38 Joshua Slive, Jonathan Witmer, Elizabeth Woodman

  An international initiative to increase the use of central clearing for OTC derivatives emerged as one of the reactions to the 2008 financial crisis. The move to central clearing is a fundamental change in the structure of the market.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets JEL Code(s): G, G3, G30, G38
• December 6, 2012

  The Canadian Approach to Central Clearing for Over-the-Counter Derivatives

  Financial System Review - December 2012 Nikil Chande, Jean-Philippe Dion, Darcey McVanel, Joshua Slive

  Content Type(s): Publications, Financial System Review articles
• December 6, 2012

  Financial System Review - December 2012

  

  The Governing Council judges that the risks to the stability of Canada’s financial system remain high, as they were at the time of the June FSR. The sources of the key risks are similar to those highlighted in June, and emanate primarily from the external environment.

  Content Type(s): Publications, Financial Stability Report
• December 6, 2012

  The Bank of Canada’s Approach to Adopting the Principles for Financial Market Infrastructures

  Financial System Review - December 2012 Darcey McVanel, Joey Murray

  Content Type(s): Publications, Financial System Review articles
• December 5, 2012

  Bank of Canada Announces New Publication Time for 2013 Policy Interest Rate Announcements and Monetary Policy Reports

  The Bank of Canada today announced that effective 23 January 2013, it will move to a new publication time of 10:00 ET for all scheduled policy rate announcements, including those to be published concurrently with the Bank’s quarterly Monetary Policy Reports (MPRs).

  Content Type(s): Press, Market notices
• December 4, 2012

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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