Heterogeneity in the Dynamic Effects of Uncertainty on Investment Staff Working Paper 2015-34 Sungje Byun, Soojin Jo How does aggregate profit uncertainty influence investment activity at the firm level? We propose a parsimonious adaptation of a factor-autoregressive conditional heteroscedasticity model to exploit information in a subindustry sales panel for an efficient and tractable estimation of aggregate volatility. Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components, Econometric and statistical methods, International topics JEL Code(s): C, C2, C22, C23, D, D8, D80, E, E2, E22
September 9, 2015 $10 polymer note Discover the security and artistry of the $10 note that spotlights the Canadian Rockies and The Canadian train.
September 9, 2015 $20 polymer note Read about the security and artistry of the $20 note that features the Canadian National Vimy Memorial in honour of Canadian service during the First World War.
September 9, 2015 Bank of Canada Unveils and Issues Commemorative $20 Bank Note Media Relations Ottawa, Ontario At an official ceremony at Rideau Hall, the Bank of Canada today unveiled and issued a special commemorative $20 bank note honouring Her Majesty Queen Elizabeth II. As of this day, Elizabeth II’s reign exceeds that of her great-great-grandmother, Queen Victoria, making Her Majesty the longest-reigning sovereign in Canada’s modern era. Content Type(s): Press, Press releases
September 9, 2015 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
September 8, 2015 Scholarship awards The Bank of Canada’s Scholarship and Work Placement program is designed to assist students with disabilities and Indigenous students in furthering their education and to encourage them to take an interest in the work performed by the Bank of Canada.
September 4, 2015 $5 polymer note Discover the security and artistry of the $5 note that showcases robotics innovations and Canada’s commitment to space exploration.
September 4, 2015 $20 commemorative polymer note Learn about the unique and shared design elements of the $20 note that celebrates the historic reign of Queen Elizabeth II.
September 4, 2015 $50 polymer note Learn about the security and artistry of the $50 note that features the Arctic research icebreaker, the CCGS Amundsen.