March 1, 2006 A Primer on Canada’s Large Value Transfer System Darcey McVanel, Neville Arjani This paper provides a comprehensive overview of Canada’s Large Value Transfer System (LVTS). Content Type(s): Background materials Topic(s): Payment clearing and settlement systems
April 16, 2014 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
April 10, 2014 Notice of Memorandum of Understanding between the Autorité des marchés financiers, the British Columbia Securities Commission, the Ontario Securities Commission and the Bank of Canada The Autorité des marchés financiers (AMF), the British Columbia Securities Commission (BCSC), the Ontario Securities Commission (OSC) and the Bank of Canada have entered into a Memorandum of Understanding (MOU) to facilitate co-operation in carrying out their respective oversight responsibilities for financial market infrastructures (FMIs). Content Type(s): Press, Market notices
March 28, 2014 Weekly Financial Statistics - 28 March 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
March 28, 2014 Implementation Date for the Revised Terms and Conditions Governing the Morning Auction of Receiver General Cash Balances The Bank of Canada, on behalf of the Government of Canada, today announced the revised Terms and Conditions Governing the Morning Auction of Receiver General Cash Balances (the Terms) that will become effective 1 April 2014. Content Type(s): Press, Market notices
March 28, 2014 The Bank of Canada Releases Its Annual Report for 2013 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2013 was tabled in the House of Commons. Content Type(s): Press, Press releases
Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs Staff Working Paper 2014-12 Jasmina Arifovic, Janet Hua Jiang A "sunspot" is a variable that has no direct impact on the economy’s fundamental condition, such as preferences, endowments or technologies, but may nonetheless affect economic outcomes through the expectations channel as a coordination device. This paper investigates how people react to sunspots in the context of a bank-run game in a controlled laboratory environment. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Financial stability JEL Code(s): C, C9, C91, C92, D, D8, D80, E, E5, E58, G, G2, G20
Do High-Frequency Financial Data Help Forecast Oil Prices? The MIDAS Touch at Work Staff Working Paper 2014-11 Christiane Baumeister, Pierre Guérin, Lutz Kilian The substantial variation in the real price of oil since 2003 has renewed interest in the question of how to forecast monthly and quarterly oil prices. There also has been increased interest in the link between financial markets and oil markets, including the question of whether financial market information helps forecast the real price of oil in physical markets. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C5, C53, G, G1, G14, Q, Q4, Q43
November 3, 2011 Financial Intermediation and Market Dynamics Conference held on 3 and 4 November 2011 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
June 11, 2007 Topics in Exchange Rate Modelling Conference held on 11 and 12 June 2007 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops