Posts

• Opaque Assets and Rollover Risk

  Staff Working Paper 2016-17 Benjamin Nelson, Toni Ahnert

  We model the asset-opacity choice of an intermediary subject to rollover risk in wholesale funding markets. Greater opacity means investors form more dispersed beliefs about an intermediary’s profitability.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G0, G01, G2

• Asset Encumbrance, Bank Funding and Financial Fragility

  Staff Working Paper 2016-16 Kartik Anand, Prasanna Gai, James Chapman, Toni Ahnert

  In this piece we show that a limit on the level of asset encumbrance and minimum capital requirements are effective tools for minimizing the incentive for banks to take excessive risk.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): D, D8, D82, G, G0, G01, G2, G21, G28
• April 14, 2016

  Results of the 27-day and 83-day 14 April 2016 Term Repo Operation

  Results of today's term repo operation.

  Content Type(s): Press, Market notices
• April 14, 2016

  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
• April 13, 2016

  Bank of Canada Announces Details of its Term Repo Operations

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

  Content Type(s): Press, Market notices
• April 13, 2016

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments
• April 13, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases

• April 2016 Annual Reassessment of Potential Output in Canada

  Staff Analytical Note 2016-4 Andrew Agopsowicz, Dany Brouillette, Shutao Cao, Natalia Kyui, Pierre St-Amant

  This note summarizes the Bank of Canada’s 2016 annual reassessment of potential output growth, which is projected to be 1.5 per cent over 2016–18 and 1.6 per cent in 2019–20. This projection is weaker than the one presented in the April 2015 Monetary Policy Report.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Labour markets, Potential output, Productivity
• April 13, 2016

  Monetary Policy Report – April 2016

  

  Canada’s economy is projected to grow by 1.7 per cent in 2016 and return to potential next year as complex adjustments continue.

  Content Type(s): Publications, Monetary Policy Report
• April 8, 2016

  Weekly Financial Statistics - 8 April 2016

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