Uncategorized

• Search Frictions and Asset Price Volatility

  Staff Working Paper 2010-1 B. Ravikumar, Enchuan Shao

  We examine the quantitative effect of search frictions in product markets on asset price volatility. We combine several features from Shi (1997) and Lagos and Wright (2002) in a model without money. Households prefer special goods and general goods.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Market structure and pricing JEL Code(s): E, E4, E44, G, G1, G12
• January 19, 2010

  Bank of Canada Announces the New Schedule for Bank of Canada Term PRA Operations Commencing 16 February 2010

  Further to the 15 December 2009 announcement, the Bank of Canada today releases the new schedule for the monthly Bank of Canada Term PRA operations commencing 16 February 2010 and running through to the April 2010 Fixed Announcement Date.

  Content Type(s): Press, Market notices
• January 19, 2010

  Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.

  Content Type(s): Press, Press releases
• January 18, 2010

  Results of the 18 January 2010 Term PRA Transaction

  Results of today's term PRA operations

  Content Type(s): Press, Market notices
• January 15, 2010

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 October (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation

  Content Type(s): Press, Market notices
• January 11, 2010

  Business Outlook Survey - Winter 2009-10

  The results of the winter survey provide some evidence that confidence in the recovery is growing. While the balance of opinion on future sales is little changed, and respondents still expect the recovery to be gradual, more firms are planning to increase investment spending and employment than in the previous two surveys.

  Content Type(s): Publications, Business Outlook Survey
• January 11, 2010

  Canada's Housing Sector in Recession and Recovery: Beyond Bricks and Mortar

  Remarks David Wolf Edmonton CFA Society Edmonton, Alberta

  The beginning of a new year is a good time for reflection – a chance to look back over the past 12 months and consider what may lie ahead. Certainly, 2009 saw remarkable economic and financial upheaval around the world, which plunged Canada into a severe recession.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 5, 2010

  Results of the 5 January 2010 Term PRA Transaction

  The results of today's term PRA operations.

  Content Type(s): Press, Market notices
• December 31, 2009

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 October (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation.

  Content Type(s): Press, Market notices
• December 31, 2009

  Summary of Government of Canada - Outstanding as at 31 December 2009

  Content Type(s): Publications, Historical: Securities and loans