April 15, 2008
Press, Market notices, Press releases
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April 15, 2008
Bank of Canada Announces Term PRA Transaction
As part of its continuing provision of liquidity in support of the efficient functioning of financial markets, the Bank of Canada announced today that it will enter into a 28-day term purchase and resale agreement (PRA) as follows: -
April 10, 2008
Credit Markets, Financial Stability, and Monetary Policy
Today, I'd like to discuss some of the crucial issues that we have been dealing with during this period. I'll begin with a brief overview of some key events that have led to the turbulence that continues to upset financial markets and that greatly contributed to the remarkably wide credit spreads that we now witness. -
April 3, 2008
Results of the 3 April 2008 Term PRA Transaction
The results of today's term PRA operations are as follows: -
April 2, 2008
Trends and Challenges in the Global Economy and What They Mean for Canada and Ontario
As is the case for so many cities and regions in Canada, London's economy and that of southwestern Ontario are directly affected by changes in the global economy. And, as with so many things in life, the better we understand the forces of change, the better equipped we are to deal with them. -
March 31, 2008
Eligibility Criteria and Conditions for Accepting Asset-Backed Commercial Paper (ABCP) as Collateral for the Bank of Canada's Standing Liquidity Facility (SLF)
On 5 March 2008, the Bank released for comment its proposed eligibility criteria for accepting ABCP and noted that two broad policy objectives guided the Bank's assessment. First, the eligibility criteria should mitigate any risks to the Bank that might be associated with accepting ABCP securities as collateral for the SLF. -
March 20, 2008
Operational Changes to the Bond Buyback Program
As announced in the Debt Management Strategy 2008-2009, minor operational changes will be made to the bond buyback program to broaden the eligible basket of securities available for buyback operations. The changes are as follows: -
March 20, 2008
Results of the 20 March 2008 Term PRA Transaction
The results of today's term PRA operations are as follows: -
March 18, 2008
Bank of Canada Announces Recipients of Fellowship Award for 2008
The Bank of Canada today announced that Professor Michael Devereux of the University of British Columbia and Professor Shouyong Shi of the University of Toronto are the recipients of the Bank's Research Fellowship for 2008. -
March 18, 2008
Bank of Canada Announces First Recipient of Governor's Award
The Bank of Canada today announced that Professor Henry Siu of the University of British Columbia is the first recipient of the Governor's Award.