October 8, 2024
The Canadian Fixed-Income Forum (CFIF) is a group set up by the Bank of Canada to facilitate the sharing of information between market participants and the Bank on the Canadian fixed-income market. You can find what we do and how we're organized, related market notices as well as our members. We also provide a list of our meetings.
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What we do
The Canadian Fixed-Income Forum (Forum) is a senior level industry-wide committee established by the Bank of Canada to discuss developments in fixed-income market structure and functioning, market practices, and related policy issues. The goals of the Forum are to:
- enhance the efficiency and resilience of the Canadian fixed-income market;
- improve the quality, clarity and market-wide understanding of Canadian fixed-income trading practices;
- evaluate and propose changes to market infrastructure;
- communicate any recommendations and analysis to oversight authorities, regulators, industry groups and other market participants as needed.
The Forum will not discuss monetary policy or policy issues directly relating to the size and distribution of the federal government’s debt programme which are covered through other fora.
How we're organized
The Forum’s membership will be drawn from senior individuals in the Canadian financial community, across both buy and sell side firms, who are active in Canadian fixed-income, ensuring a broad geographical representation.
News
June 26, 2024
Canadian money markets are undergoing a significant change due to the disappearance of Bankers Acceptances (BAs). BAs will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication on June 28, 2024.
CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper
Content Type(s):
Press,
Market notices
Source(s):
Canadian Fixed-Income Forum
January 11, 2024
The Government of Canada Market Functioning Steering Group (GMF) published today the final framework on a fee for failing to settle Government of Canada (GoC) bond and bill transactions.
GMF publishes the final framework on a fee for failing to settle GoC securities transactions
Content Type(s):
Press,
Market notices
Source(s):
Canadian Fixed-Income Forum
Membership
Co-chairs
Toni Gravelle
Deputy Governor,
Bank of Canada
Jim Byrd
RBC Capital Markets
Market representatives
Roger Casgrain
Casgrain & Company Limited
Nick Chan
BMO Capital Markets
Brian D’Costa
Algonquin Capital
Rob Goobie
Healthcare of Ontario Pension Plan (HOOPP)
Grahame Johnson
Department of Finance Canada
Jason Lewis
Ministry of Finance, Province of British Columbia
Elaine Lindhorst
TD Asset Management
Pablo Suarez
Citi Canada
Chris Miller
National Bank Financial
Philippe Ouellette
Fiera Capital
Vinayak Seshasayee
PIMCO
TJ Sutter
Connor, Clark & Lunn Investment Management (CC&L)
Bronwyn Ward
CPP Investment Board
Karl Wildi
CIBC World Markets
CAG
The CORRA Advisory Group’s (CAG) was created to advise the Bank of Canada’s CORRA Oversight Committee on changes in repo market functioning and emerging methodology issues, as well as on methodology or production changes undertaken as part of methodology reviews.
CARR
The Canadian Alternative Reference Rate Working Group (CARR) was created to ensure Canada’s interest rate benchmark regime is robust, relevant and effective in the years ahead.
CIMPA
The Collateral Infrastructure and Market Practices Advisory Group (CIMPA) was created to provide guidance and support changes to Canadian financing and collateral infrastructure, and develop market practices that support the safe and efficient movement of securities in the cash, collateral and securities financing markets.