Posts

• February 14, 2014

  Weekly Financial Statistics - 14 February 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• February 11, 2014

  Summary of Comments - 2014-15 Debt Management Strategy Consultations

  The Summary of Comments - 2014-15 Debt Management Strategy Consultations is being published in conjunction with the release of the government’s Debt Management Strategy for 2014-15.

  Content Type(s): Press, Market notices
• February 10, 2014

  Bank of Canada: Promoting Canada’s Economic and Financial Well-Being

  Presentation John Murray Greater Sudbury Chamber of Commerce Sudbury, Ontario

  Deputy Governor John Murray discusses how the Bank of Canada promotes Canada’s economic and financial well-being.

  Content Type(s): Press, Speeches and appearances, Presentations
• February 7, 2014

  Flexible Inflation Targeting and “Good” and “Bad” Disinflation

  Remarks Tiff Macklem John Molson School of Business Concordia University Montréal, Quebec

  Senior Deputy Governor Tiff Macklem discusses flexible inflation targeting and “good” and “bad” disinflation.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 7, 2014

  Symmetrical, Flexible Inflation Target Continues to Serve Canadians Well, Says Bank of Canada Senior Deputy Governor Tiff Macklem

  Media Relations Montréal, Quebec

  The Bank of Canada’s flexible inflation target has served Canada well in both tranquil and turbulent times and remains the right policy framework to address the current economic environment of persistently weak inflation, Senior Deputy Governor Tiff Macklem said today in a lecture at Concordia University’s John Molson School of Business in Montréal. “Inflation targeting […]

  Content Type(s): Press, Press releases
• February 7, 2014

  Weekly Financial Statistics - 7 February 2014

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

• Banks’ Financial Distress, Lending Supply and Consumption Expenditure

  Staff Working Paper 2014-7 H. Evren Damar, Reint Gropp, Adi Mordel

  The paper employs a unique identification strategy that links survey data on household consumption expenditure to bank-level data in order to estimate the effects of bank financial distress on consumer credit and consumption expenditures.

  Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Domestic demand and components, Financial institutions JEL Code(s): E, E2, E21, E4, E44, G, G0, G01, G2, G21

• A Policy Model to Analyze Macroprudential Regulations and Monetary Policy

  Staff Working Paper 2014-6 Sami Alpanda, Gino Cateau, Césaire Meh

  We construct a small-open-economy, New Keynesian dynamic stochastic general-equilibrium model with real-financial linkages to analyze the effects of financial shocks and macroprudential policies on the Canadian economy. Our model has four key features.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial system regulation and policies JEL Code(s): E, E1, E17, E3, E32, E4, E44, F, F4, F41

• Corporate Governance, Product Market Competition and Debt Financing

  Staff Working Paper 2014-5 Teodora Paligorova, Jun Yang

  This paper examines the impact of product market competition and corporate governance on the cost of debt financing and the use of bond covenants. We find that more anti-takeover provisions are associated with a lower cost of debt only in competitive industries.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets JEL Code(s): G, G1, G12, G3, G34
• February 4, 2014

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System.

  Content Type(s): Press, Press releases