March 26, 2015
Posts
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March 26, 2015
Central Bank Credibility and Policy Normalization
Governor Poloz discusses the recent rise in financial market volatility and low long-term borrowing costs, and what they both mean for central bank credibility. -
March 25, 2015
Promoting Canada’s economic and financial well-being
Deputy Governor Timothy Lane discusses the core responsibilities of the Bank and the economic outlook. -
March 20, 2015
Changes to the Bank of Canada’s role with respect to the Canadian Overnight Repo Rate Average (CORRA)
Thomson Reuters Benchmark Services Limited will become the administrator, calculation agent and publication agent for the Canadian Overnight Repo Rate Average (CORRA), effective 30 March 2015. -
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Sluggish Exports in Advanced Economies: How Much Is Due to Demand?
Exports in advanced economies have been relatively sluggish since 2011, growing at a much slower pace than observed before the global financial crisis. -
March 19, 2015
Release of upcoming Quarterly Bond Schedule
A standalone debt management strategy will be published on or before the end of March 2015, as required by the Financial Administration Act. -
Funding Liquidity, Market Liquidity and the Cross-Section of Stock Returns
Following theory, we check that funding risk connects illiquidity, volatility and returns in the cross-section of stocks. We show that the illiquidity and volatility of stocks increase with funding shocks, while contemporaneous returns decrease with funding shocks. -
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March 12, 2015
Opening Statement before the House of Commons Standing Committee on Finance
Rhys Mendes discusses the impact of lower oil prices on the Canadian economy, in general, and on the manufacturing industry, in particular.