December 18, 2008 Bank of Canada Announces Details of its 30 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 1 December, the Bank of Canada announced today that it will enter into a 30-day term PRA transaction as follows: Content Type(s): Press, Market notices
December 18, 2008 Bank of Canada Announces Details of its Term PRA Facility for Private Sector Money Market Instruments In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 28 November, the Bank of Canada announced today that it will enter into a 15-day term PRA transaction for private sector money market instruments as follows: Content Type(s): Press, Market notices
Futures Markets, Oil Prices and the Intertemporal Approach to the Current Account Staff Working Paper 2008-48 Elif Arbatli The intertemporal approach to the current account suggests modeling movements in the current account in a forward-looking, dynamic framework. In this framework, the current account reflects consumption smoothing of agents that lend and borrow from the rest of the world in the face of transitory shocks to income. Content Type(s): Staff research, Staff working papers Topic(s): Balance of payments and components JEL Code(s): C, C2, C22, F, F2, F21, F3, F32, G, G1, G13
December 18, 2008 Results of the 18 December 2008 Sale of Treasury Bills for Balance Sheet Management Purposes Results of the 18 December 2008 Sale of Treasury Bills. Content Type(s): Press, Market notices
December 17, 2008 From Hindsight to Foresight Remarks Mark Carney Women in Capital Markets Toronto, Ontario It has been a difficult year for capital markets professionals. The turmoil has deteriorated into a full-blown financial crisis. Most financial markets have experienced historic falls in prices, and some are strained to the point of closing. Content Type(s): Press, Speeches and appearances, Remarks
December 17, 2008 Governor Carney discusses key risks to financial system, advocates for macroprudential approach Media Relations Toronto, Ontario While measures taken to address the global financial crisis will be successful, policy-makers need to improve their ability to detect the next crisis before it occurs, Bank of Canada Governor Mark Carney said today. Content Type(s): Press, Press releases
December 16, 2008 Results of the 16 December 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
December 15, 2008 Bank of Canada Announces Details of its 28 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 1 December, the Bank of Canada announced today that it will enter into a 28-day term PRA transaction as follows: Content Type(s): Press, Market notices
December 15, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $0.50 billion of its holdings of treasury bills. This transaction will partially offset the temporary increase in assets associated with the outstanding term liquidity facilities. Details of the transaction are as follows: Content Type(s): Press, Market notices
December 15, 2008 Results of the 15 December 2008 Term PRA Transaction for Private Sector Money Market Instruments The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices