International Cross-Listing and the Bonding Hypothesis Staff Working Paper 2004-17 Michael R. King, Dan Segal The authors describe a new view of cross-listing that links the impact on firm valuation to the firm's ability to develop an active secondary market for its shares in the U.S. markets. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G1, G12, G15
The Effects of Economic News on Bond Market Liquidity Staff Working Paper 2004-16 Chris D'Souza, Charles Gaa The authors contrast the impact of two sources of information flow on the volatility of prices, trading activity, and liquidity in the brokered interdealer market for Government of Canada bonds. Content Type(s): Staff research, Staff working papers Topic(s): Debt management, Financial markets, Market structure and pricing JEL Code(s): G, G1, G14
April 22, 2004 Research in Financial Services and Public Policy - Filling the Gaps Remarks David Dodge Conference on Financial Services and Public Policy Schulich School of Business at York University Toronto, Ontario For five years, the research program here at Schulich has helped to support and nurture a Canadian academic community focused on financial services. In doing so, the program has encouraged researchers to fill the gaps in our knowledge and help policy-makers and regulators to do a better job. After five years, it's useful to think back and recall the motivations for establishing this program in the first place. Content Type(s): Press, Speeches and appearances, Remarks
April 21, 2004 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada. Content Type(s): Press, Speeches and appearances, Opening statements
April 20, 2004 Opening Statement before the Senate Banking, Trade and Commerce Committee Opening statement David Dodge Senate Banking, Trade and Commerce Committee The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada. Content Type(s): Press, Speeches and appearances, Opening statements
April 19, 2004 Economic and Financial Policies for Growth in the Americas: A Canadian Perspective Remarks David Dodge Council of the Americas New York, New York The giant emerging-market economies of China and India are truly changing the economic balance across the Pacific in a way that none of us can afford to ignore. The sheer size of these two economies is very impressive in itself: together, they account for close to 40 per cent of the world's population. Content Type(s): Press, Speeches and appearances, Remarks
April 15, 2004 Monetary Policy Report – April 2004 The Canadian economy continues to adjust to developments in the global economy. Content Type(s): Publications, Monetary Policy Report
April 15, 2004 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario The Bank of Canada today released its April Monetary Policy Report, which reviews economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
April 15, 2004 Release of the Monetary Policy Report Opening statement David Dodge The Canadian economy continues to adjust to developments in the global economy, such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Content Type(s): Press, Speeches and appearances, Opening statements
April 13, 2004 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent. Content Type(s): Press, Press releases