Posts

• December 10, 2015

  Bank of Canada Announces Details of its Term Repo Operation

  The Bank of Canada announced today that it will conduct a term repo operation.

  Content Type(s): Press, Market notices
• December 8, 2015

  Bank of Canada updates framework for unconventional monetary policy measures

  Media Relations Toronto, Ontario

  The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said. “We don’t need unconventional policies now, and we don’t expect to use them. However, it’s prudent to be prepared for every eventuality,” Governor Poloz said […]

  Content Type(s): Press, Press releases
• December 8, 2015

  Prudent Preparation: The Evolution of Unconventional Monetary Policies

  Remarks Stephen S. Poloz The Empire Club of Canada Toronto, Ontario

  Governor Poloz speaks about the Bank’s updated framework for unconventional monetary policies.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Asset pricing, Central bank research, Interest rates, Monetary policy framework, Monetary policy implementation, Recent economic and financial developments
• December 8, 2015

  Framework for Conducting Monetary Policy at Low Interest Rates

  This document outlines a series of monetary policy measures that could be deployed in a very low interest rate environment.

  Content Type(s): Background materials Topic(s): Monetary policy

• Estimating Canada’s Effective Lower Bound

  Staff Analytical Note 2015-2 Jonathan Witmer, Jing Yang

  In 2009, the Bank of Canada set its effective lower bound (ELB) at 25 basis points (bps). Given the recent experience of Sweden, Denmark, Switzerland and the euro area with negative interest rates, we examine the economics of negative interest rates and suggest that cash storage costs are the source of a negative lower bound on interest rates.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Central bank research, Monetary policy framework, Monetary policy implementation JEL Code(s): D, D5, D53, E, E4, E41, E43, E5, E58
• December 8, 2015

  Results of the 28-day 8 December 2015 Term Repo Operation

  Results of today's term repo operation.

  Content Type(s): Press, Market notices
• December 8, 2015

  Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation

  Bank of Canada Announces the Minimum Bid Rate for today's Term Repo Operation.

  Content Type(s): Press, Market notices
• December 7, 2015

  Bank of Canada Announces Details of its Term Repo Operation

  The Bank of Canada announced today that it will conduct a term repo operation.

  Content Type(s): Press, Market notices
• December 4, 2015

  Weekly Financial Statistics - 4 December 2015

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• December 4, 2015

  Bank of Canada introduces The Governor’s Challenge, a new student competition

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced a new student competition—The Governor’s Challenge—where teams simulate the role of monetary policy advisor to the Bank's Governing Council. Over 100 undergraduates from 22 universities across Canada are taking part in 2015–16, the competition’s inaugural year.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge