Uncategorized

• July 6, 2009

  Results of the 6 July 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• July 3, 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 21 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation.

  Content Type(s): Press, Market notices
• July 3, 2009

  Bank of Canada Announces Details of its Term Loan Facility Operation

  In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation.

  Content Type(s): Press, Market notices
• July 3, 2009

  Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation for private sector instruments.

  Content Type(s): Press, Market notices
• July 2, 2009

  Results for the 2 July 2009 Term Loan Facility

  Results of today's TLF operation.

  Content Type(s): Press, Market notices

• The Role of Convenience and Risk in Consumers' Means of Payment

  Staff Discussion Paper 2009-8 Carlos Arango, Varya Taylor

  Using data from a 2004 survey of the Canadian public, the authors study the role of convenience and risk in consumers' use of cash relative to debit and credit cards. The authors find that consumers who perceive debit cards and credit cards to be more convenient and less risky than cash use them more frequently.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes JEL Code(s): E, E4, E41, L, L2
• June 30, 2009

  Results of the 30 June 2009 Term PRA Transaction for Private Sector Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices

• Household Debt, Assets, and Income in Canada: A Microdata Study

  Staff Discussion Paper 2009-7 Césaire Meh, Yaz Terajima, David Xiao Chen, Thomas J. Carter

  The authors use microdata from the 1999 and 2005 Surveys of Financial Security to identify changes in household debt, and discuss their potential implications for monetary policy and financial stability. They document an increase in the debt-income ratio, which rose from 0.75 to 0.95, on average.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Credit and credit aggregates, Financial stability, Productivity, Sectoral balance sheet JEL Code(s): E, E2, E21, E24
• June 29, 2009

  Results of the 29 June 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• June 26, 2009

  Bank of Canada Announces Details of its Term Loan Facility Operation

  In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation.

  Content Type(s): Press, Market notices