Posts

• November 13, 2014

  The Use of Financial Derivatives by Canadian Firms

  Bank of Canada Review - Autumn 2014 Teodora Paligorova, Rhonda Staskow

  In Canada, about one-third of publicly listed non-financial firms use financial derivatives. The use of derivatives is widespread across all sectors of the economy and increases during periods of greater uncertainty. Non-financial firms that use derivatives are typically larger and more profitable and have lower volatility of earnings than those that do not use derivatives. Overall, the firm characteristics of Canadian hedgers seem to be consistent with those found in other jurisdictions.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Exchange rates, Financial markets JEL Code(s): G, G1, G10, G3, G32

• Credit Market Frictions and Sudden Stops

  Staff Working Paper 2014-49 Yuko Imura

  Financial crises in emerging economies in the 1980s and 1990s often entailed abrupt declines in foreign capital inflows, improvements in trade balance, and large declines in output and total factor productivity (TFP).

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Credit and credit aggregates, Financial markets, International topics JEL Code(s): E, E2, E22, E3, E32, F, F4, F41, G, G0, G01
• November 12, 2014

  Promoting Canada’s Economic and Financial Well-being

  Presentation Lawrence L. Schembri Greater Summerside Chamber of Commerce Summerside, Prince Edward Island

  Deputy Governor Lawrence Schembri discusses the core responsibilities of the Bank and the economic outlook.

  Content Type(s): Press, Speeches and appearances, Presentations
• November 8, 2014

  Bank of Canada announces signing of reciprocal 3-year Canadian- dollar/renminbi bilateral swap arrangement

  Ottawa, Ontario

  The reciprocal currency swap arrangement is part of the initiative announced today by the Government of Canada to promote increased trade and investment between Canada and China.

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

  Weekly Financial Statistics - 7 November 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• November 6, 2014

  Summary of the 2014 Survey on Canadian Foreign Exchange Hedging

  Since 2004, the Bank of Canada has conducted an annual survey to assess aggregate foreign exchange (FX) hedging activity in the Canadian market over the previous year.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
• November 5, 2014

  Debt Management Strategy Consultations - 2015-16

  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 2015-16 and beyond.

  Content Type(s): Press, Market notices
• November 4, 2014

  Article by Bank of Canada Deputy Governor Lawrence Schembri

  Lawrence Schembri, Deputy Governor of the Bank of Canada contributed an article entitled “Housing Finance in Canada: Looking Back to Move Forward” to the National Institute Economic Review.

  Content Type(s): Press, Announcements
• November 4, 2014

  Housing Finance in Canada: Looking Back to Move Forward

  Lawrence L. Schembri

  The Canadian system of housing finance proved to be resilient and efficient during the global financial crisis and its aftermath. The system’s effectiveness is the result of a rigorous prudential regulatory and supervisory regime coupled with targeted government guarantees of mortgage insurance and securitization products.

  Topic(s): Housing JEL Code(s): G21, R31, R38
• November 4, 2014

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. I am pleased to introduce you to Carolyn Wilkins, who assumed the post of Senior Deputy Governor of the Bank of Canada on 2 May of this year. Before we take your questions, let me give you some of the highlights of the economic outlook. I’ll draw mainly […]

  Content Type(s): Press, Speeches and appearances, Opening statements