January 30, 2008 Opening Statement before the House of Commons Standing Committee on Industry, Science and Technology Opening statement Paul Jenkins House of Commons Standing Committee on Industry, Science and Technology To begin, as a little background I would like to quickly review the framework within which we conduct Canada's monetary policy. The Bank of Canada Act calls on us to mitigate "fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada." Content Type(s): Press, Speeches and appearances, Opening statements
Testing Uncovered Interest Parity: A Continuous-Time Approach Staff Working Paper 2007-53 Antonio Diez de los Rios, Enrique Sentana Nowadays researchers can choose the sampling frequency of exchange rates and interest rates. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Exchange rates JEL Code(s): F, F3, F31, G, G1, G15
Trend Inflation, Wage and Price Rigidities, and Welfare Staff Working Paper 2007-42 Robert Amano, Kevin Moran, Stephen Murchison, Andrew Rennison This paper studies the steady-state costs of inflation in a general-equilibrium model with real per capita output growth and staggered nominal price and wage contracts. Content Type(s): Staff research, Staff working papers Topic(s): Inflation: costs and benefits JEL Code(s): E, E0, E5
April 16, 2007 Clarifications to the Terms of Participation in Auctions for Government Securities Distributors The Department of Finance and the Bank of Canada have updated the "Terms of Participation in Auctions for Government Securities Distributors." Content Type(s): Press, Market notices
March 22, 2007 Spring 2007 Consultations – Views Sought on the Auction Plan for Real Return Bonds A consultation document relating to the auction schedule for Real Return Bonds for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
November 27, 2008 Fostering Financial System Stability Remarks Pierre Duguay Pictou County Chamber of Commerce Pictou, Nova Scotia The Canadian financial system has fared relatively well through this crisis, thanks to effective regulation and prudent practices that have worked like sandbags to protect our financial system from the storms in today's global economy. Content Type(s): Press, Speeches and appearances, Remarks
November 19, 2008 Building Continuous Markets Remarks Mark Carney the Canada – United Kingdom Chamber of Commerce London, United Kingdom Throughout the years, Canada has been a major beneficiary of London's innovation. Companies of adventurers, conceived and funded in London, opened up large swathes of Canada to international trade. Content Type(s): Press, Speeches and appearances, Remarks
June 23, 2008 Real Estate, Mortgage Markets, and Monetary Policy Remarks Sheryl Kennedy Investment Industry Association of Canada Banff, Alberta For many Canadians, one of the most important investments they'll make is the purchase of a house. And for you as financial market professionals, the links between the housing market and financial markets have important consequences. Content Type(s): Press, Speeches and appearances, Remarks
May 5, 2008 Some Puzzles Related to Exchange Rate Pass-Through Presentation John Murray Statistics Canada Socio-economic Conference 2008 Content Type(s): Press, Speeches and appearances, Presentations
May 29, 2008 Results of the 29 May 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices