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November 24, 2015
Promoting Canada’s economic and financial well-being
Deputy Governor Lynn Patterson discusses the Bank of Canada’s core functions and the global and Canadian economic outlook. -
November 24, 2015
Results of the 27-day and 84-day 24 November 2015 Term Repo Operation
Results of today's term repo operation. -
November 24, 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. -
November 23, 2015
Bank of Canada Announces Details of its Term Repo Operations
The Bank of Canada announced today that it will conduct term repo operations. -
November 23, 2015
Process for selecting a Deputy Governor of the Bank of Canada
Further to the 26 October 2015 announcement that Deputy Governor Agathe Côté will retire at the end of January 2016, the process to appoint her successor has been initiated. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. -
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On the Essentiality of E-Money
Recent years have witnessed the advances of e-money systems such as Bitcoin, PayPal and various forms of stored-value cards. This paper adopts a mechanism design approach to identify some essential features of different payment systems that implement and improve the constrained optimal resource allocation. -
Speculators, Prices and Market Volatility
We analyze data from 2005 through 2009 that uniquely identify categories of traders to assess how speculators such as hedge funds and swap dealers relate to volatility and price changes. Examining various subperiods where price trends are strong, we find little evidence that speculators destabilize financial markets. -
November 19, 2015
Electronic Money and Payments
Bank of Canada Conference held on November 19 and 20, 2015.