December 12, 2013
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December 10, 2013
Financial System Review - December 2013
There have been positive developments in the global financial system since the June Financial System Review, in part reflecting some encouraging signs about the global economy. At the same time, significant vulnerabilities remain. The Governing Council judges that the overall risk to the stability of Canada’s financial system has decreased from “high” to “elevated” over the past six months. -
December 6, 2013
Discussions on Changes to Margining Policy for Cross-Currency Swaps
The Department of Finance and the Bank of Canada will begin bilateral discussions with market counterparties with respect to changes to the margining policy for the cross-currency swaps used to fund Canada’s foreign exchange reserves held in the Government’s Exchange Fund Account. -
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December 5, 2013
Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014
Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management. -
December 4, 2013
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
November 30, 2013
Research Update - November 2013
This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.