October 23, 2012 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
Financial Conditions and the Money-Output Relationship in Canada Staff Working Paper 2012-33 Maral Kichian We propose a drifting-coefficient model to empirically study the effect of money on output growth in Canada and to examine the role of prevailing financial conditions for that relationship. We show that such a time-varying approach can be a useful way of modelling the impact of money on growth, and can partly reconcile the lack of concensus in the literature on the question of whether money affects growth. Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Credit and credit aggregates, Monetary aggregates JEL Code(s): E, E4, E44, E5, E51
Canadian Bank Balance-Sheet Management: Breakdown by Types of Canadian Financial Institutions Staff Discussion Paper 2012-7 David Xiao Chen, H. Evren Damar, Hani Soubra, Yaz Terajima The authors document leverage, capital and liquidity ratios of banks in Canada. These ratios are important indicators of different types of risk with respect to a bank’s balance‐sheet management. Particular attention is given to the observations by different types of banks, including small banks that historically received less attention. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): G, G2, G21, G28
May 17, 2012 Bank of Canada Review - Spring 2012 This issue features a summary of the Bank’s annual conference, which took place in November 2011 and dealt with payments systems, and two articles that present research by Bank staff on global current account imbalances and macrofinancial risk assessment. The fourth article in this issue reviews the recent experience with inflation targeting. Content Type(s): Publications, Bank of Canada Review
May 4, 2012 Weekly Financial Statistics - 4 May 2012 Content Type(s): Publications, Historical: Weekly Financial Statistics
April 13, 2012 Bank of Canada Announces Recipients of 2012 Fellowship and Governor’s Awards Media Relations Ottawa, Ontario The Bank of Canada today announced the recipients of the Bank’s Fellowship Award and Governor’s Award for 2012. Content Type(s): Press, Press releases Source(s): Fellowship Program
April 9, 2012 Senior Loan Officer Survey - First-Quarter 2012 The survey results point to an overall easing in business-lending conditions during the first quarter of 2012, following virtually unchanged lending conditions in the last quarter of 2011. Content Type(s): Publications, Senior Loan Officer Survey
April 9, 2012 Business Outlook Survey - Spring 2012 The results of the spring survey point to more optimism among firms than in the winter survey, as some of the uncertainty dampening the economic outlook has dissipated. Content Type(s): Publications, Business Outlook Survey
April 5, 2012 The Bank of Canada Releases Its Annual Report for 2011 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2011 was tabled in the House of Commons today. Content Type(s): Press, Press releases
June 27, 2013 Banking and Financial Statistics - June 2013 Content Type(s): Publications, Historical: Banking and Financial Statistics