December 17, 2013 Bank of Canada Announces Details of a Term Repo for Balance Sheet Management Purposes Operation The Bank of Canada announced today that it will conduct a Term Repo for Balance Sheet Management Purposes operation. Content Type(s): Press, Market notices
December 13, 2013 Weekly Financial Statistics - 13 December 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
Expansion of Higher Education, Employment and Wages: Evidence from the Russian Transition Staff Working Paper 2013-45 Natalia Kyui This paper analyzes the effects of an educational system expansion on labour market outcomes, drawing upon a 15-year natural experiment in the Russian Federation. Regional increases in student intake capacities in Russian universities, a result of educational reforms, provide a plausibly exogenous variation in access to higher education. Content Type(s): Staff research, Staff working papers Topic(s): Development economics, Labour markets JEL Code(s): I, I2, I20, J, J2, J24
December 13, 2013 Additional Haircuts - Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) Effective immediately, the Bank of Canada has added haircuts to the over 35 year maturity category for Government of Canada and Government of Canada Guaranteed securities. Content Type(s): Press, Market notices
December 13, 2013 Historical Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility – December 13, 2013 to January 8, 2015 The Bank of Canada, through its Standing Liquidity Facility (SLF), provides access to liquidity to those institutions that participate directly in the Large Value Transfer System (LVTS). Content Type(s): Collateral Policy Source(s): Standing Liquidity Facility
December 12, 2013 Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz Media Relations Montréal, Quebec The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […] Content Type(s): Press, Press releases
December 12, 2013 Monetary Policy as Risk Management Remarks Stephen S. Poloz Canadian Club of Montreal Montréal, Quebec Governor Stephen S. Poloz discusses how recent experience is leading to a progressive redefinition of central banking. Content Type(s): Press, Speeches and appearances, Remarks