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2186 Results

A Primer on the Canadian Bankers’ Acceptance Market

Staff discussion paper 2018-6 Kaetlynd McRae, Danny Auger
This paper discusses how the bankers’ acceptance (BA) market in Canada is organized and its essential link to the Canadian Dollar Offered Rate (CDOR). Globally, BAs are a niche product used only in a limited number of jurisdictions.
May 27, 2005

70 Years of Central Banking in Canada

Remarks David Dodge Canadian Economics Association Hamilton, Ontario
The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability.
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