December 12, 2013 Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz Media Relations Montréal, Quebec The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […] Content Type(s): Press, Press releases
December 10, 2013 The Residential Mortgage Market in Canada: A Primer Financial System Review - December 2013 Allan Crawford, Césaire Meh, Jie Zhou Content Type(s): Publications, Financial System Review articles
December 6, 2013 Discussions on Changes to Margining Policy for Cross-Currency Swaps The Department of Finance and the Bank of Canada will begin bilateral discussions with market counterparties with respect to changes to the margining policy for the cross-currency swaps used to fund Canada’s foreign exchange reserves held in the Government’s Exchange Fund Account. Content Type(s): Press, Market notices
December 6, 2013 Weekly Financial Statistics - 6 December 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
November 19, 2013 Price Puzzles and the Exchange Rate Remarks John Murray Mount Allison University Sackville, New Brunswick In his speech, Price Puzzles and the Exchange Rate, Deputy Governor John Murray discusses the exchange rate pass-through and how it affects prices of goods and services in Canada. Content Type(s): Press, Speeches and appearances, Remarks
November 14, 2012 Promoting economic and financial prosperity Presentation Agathe Côté Chambre de commerce et de l’industrie de Rimouski-Neigette Rimouski, Québec Deputy Governor Agathe Côté will discuss the four main responsibilities of the Bank and its economic outlook. Content Type(s): Press, Speeches and appearances, Presentations
November 9, 2012 Weekly Financial Statistics - 9 November 2012 Content Type(s): Publications, Historical: Weekly Financial Statistics
When Lower Risk Increases Profit: Competition and Control of a Central Counterparty Staff Working Paper 2012-35 Jean-Sébastien Fontaine, Héctor Pérez Saiz, Joshua Slive We model the behavior of dealers in Over-the-Counter (OTC) derivatives markets where a small number of dealers trade with a continuum of heterogeneous clients (hedgers). Imperfect competition and (endogenous) default induce a familiar trade-off between competition and risk. Content Type(s): Staff research, Staff working papers Research Topic(s): Financial markets, Financial stability, Financial system regulation and policies JEL Code(s): G, G1, G10, G18
November 8, 2012 Global Financial System Safer Today, But Not Yet as Safe as It Needs To Be, Says Bank of Canada Governor Mark Carney Media Relations Montréal, Quebec The G-20’s ambitious financial sector reform agenda is creating a more open, resilient global financial system, which is central to the transformation of the global economy, Bank of Canada Governor Mark Carney said today in a speech to the Canadian Club of Montréal. The Governor provided an update of what has been accomplished and what […] Content Type(s): Press, Press releases
November 7, 2012 Release of the $20 Bank Note Remarks Mark Carney Canadian War Museum Ottawa, Ontario Governor Mark Carney announces the entry into circulation of the new $20 polymer bank notes. Content Type(s): Press, Speeches and appearances, Remarks