Posts
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September 10, 2015
Liquidity Risk in Asset Management: Financial Stability Perspective Conference
Conference held on 10 and 11 September 2015 -
The Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model
This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the micro literature on performance pay (e.g. Lazear, 1986). -
Heterogeneity in the Dynamic Effects of Uncertainty on Investment
How does aggregate profit uncertainty influence investment activity at the firm level? We propose a parsimonious adaptation of a factor-autoregressive conditional heteroscedasticity model to exploit information in a subindustry sales panel for an efficient and tractable estimation of aggregate volatility. -
September 9, 2015
$10 polymer note
Discover the security and artistry of the $10 note that spotlights the Canadian Rockies and The Canadian train. -
September 9, 2015
$20 polymer note
Read about the security and artistry of the $20 note that features the Canadian National Vimy Memorial in honour of Canadian service during the First World War. -
September 9, 2015
Bank of Canada Unveils and Issues Commemorative $20 Bank Note
At an official ceremony at Rideau Hall, the Bank of Canada today unveiled and issued a special commemorative $20 bank note honouring Her Majesty Queen Elizabeth II. As of this day, Elizabeth II’s reign exceeds that of her great-great-grandmother, Queen Victoria, making Her Majesty the longest-reigning sovereign in Canada’s modern era. -
September 9, 2015
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. -
September 8, 2015
Scholarship awards
The Bank of Canada’s Scholarship and Work Placement program is designed to assist students with disabilities and Indigenous students in furthering their education and to encourage them to take an interest in the work performed by the Bank of Canada. -
September 4, 2015
$5 polymer note
Discover the security and artistry of the $5 note that showcases robotics innovations and Canada’s commitment to space exploration.
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