September 16, 2015 Promoting Canada’s economic and financial well-being Presentation Agathe Côté Chambre de commerce francophone de Saint-Boniface Winnipeg, Manitoba Deputy Governor Agathe Côté discusses the core responsibilities of the Bank and the economic outlook. Content Type(s): Press, Speeches and appearances, Presentations
September 11, 2015 Weekly Financial Statistics - 11 September 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
September 10, 2015 Liquidity Risk in Asset Management: Financial Stability Perspective Conference Conference held on 10 and 11 September 2015 Content Type(s): Conferences and workshops
The Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model Staff Working Paper 2015-35 Julien Champagne This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the micro literature on performance pay (e.g. Lazear, 1986). Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Labour markets JEL Code(s): E, E2, E24, J, J3, J33, J4, J41
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