March 28, 2014
Posts
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March 28, 2014
Bank of Canada Announces Recipients of 2014 Fellowship and Governor’s Awards
The Bank of Canada today announced the recipient of the Bank’s Fellowship Award and Governor's Award for 2014. -
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March 28, 2014
Annual Report 2013
2013 proved to be a challenging year for the Bank of Canada. Inflation continued to drift below target, and the economy failed to move onto a more sustainable track. The 2013 Annual Report highlights key achievements over the year, describes the Bank’s corporate governance, and presents the financial statements in conjunction with Management’s Discussion and Analysis. -
March 28, 2014
The Bank of Canada Releases Its Annual Report for 2013
The Bank of Canada’s Annual Report for 2013 was tabled in the House of Commons. -
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March 26, 2014
Oversight Activities during 2013 under the Payment Clearing and Settlement Act
This report reviews the Bank of Canada's oversight activities during 2013 and priorities for 2014 pursuant to the Payment Clearing and Settlement Act (PCSA). This annual report is intended to provide transparency and accountability regarding the Bank's activities in this area. -
Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs
A "sunspot" is a variable that has no direct impact on the economy’s fundamental condition, such as preferences, endowments or technologies, but may nonetheless affect economic outcomes through the expectations channel as a coordination device. This paper investigates how people react to sunspots in the context of a bank-run game in a controlled laboratory environment. -
Do High-Frequency Financial Data Help Forecast Oil Prices? The MIDAS Touch at Work
The substantial variation in the real price of oil since 2003 has renewed interest in the question of how to forecast monthly and quarterly oil prices. There also has been increased interest in the link between financial markets and oil markets, including the question of whether financial market information helps forecast the real price of oil in physical markets. -
March 24, 2014
Financial Benchmarks: A Question of Trust
In his speech, “Financial Benchmarks: A Question of Trust,” Deputy Governor Timothy Lane discusses the importance of financial benchmarks, recent issues, and steps to address them to re-establish trust.”