January 16, 2006
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January 6, 2006
Bank of Canada Review - Winter 2005-2006
Cover page
Silver Presentation Salver
The salver, which was bequeathed to the Bank of Canada by Lady Macmillan in 1967, is part of the artifact collection of the Bank of Canada Archives.
Photography by Mone Cheng, Innovacom, Ottawa.
Content Type(s):
Publications,
Bank of Canada Review
December 31, 2005
Summary of Government of Canada - Outstanding as at 31 December 2005
Content Type(s):
Publications,
Historical: Securities and loans
December 27, 2005
Analyzing the Evolution of Financial Instability Risk
Content Type(s):
Publications,
Financial System Review articles
December 23, 2005
70 Years of Central Banking in Canada
Remarks by David Dodge, Governor of the Bank of Canada, to the Canadian Economics Association
Content Type(s):
Publications,
Bank of Canada Review articles
December 23, 2005
Endogenous Market Incompleteness with Investment Risks
Content Type(s):
Publications,
Financial System Review articles
December 23, 2005
The financial system makes an important contribution to the welfare of all Canadians. The ability of households and firms to confidently hold and transfer financial assets is one of the fundamental building blocks of the Canadian economy.
Financial System Review - December 2005
Content Type(s):
Publications,
Financial Stability Report
December 22, 2005
70 Years of Central Banking: The Bank of Canada in an International Context, 1935–2005
Bordo and Redish examine the evolution of central banking over the past 70 years and identify periods where Canada was either a notable innovator with regard to central banking practices or appeared to be following a slightly different course. They note that global forces seemed to play an important role in determining inflation outcomes throughout the 70-year period, and that Canada and the United States experienced roughly similar inflation rates despite some important differences in their monetary policy regimes. Canada, for example, was comparatively late in establishing a central bank, launching the Bank of Canada long after most other industrial countries had one. Canada also operated under a flexible exchange rate through much of the Bretton Woods period, unlike any other country in the 1950s and early 1960s; adopted inflation targets well before most other central banks; and introduced a number of other innovative changes with regard to the implementation of monetary policy in the 1990s.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Exchange rates,
Inflation and prices,
Monetary policy framework