February 23, 2016 Bank of Canada Announces Deputy Governor Appointment Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Sylvain Leduc as Deputy Governor, effective 2 May 2016. Content Type(s): Press, Press releases
To Share or Not to Share? Uncovered Losses in a Derivatives Clearinghouse Staff Working Paper 2016-4 Radoslav Raykov This paper studies how the allocation of residual losses affects trading and welfare in a central counterparty. I compare loss sharing under two loss-allocation mechanisms – variation margin haircutting and cash calls – and study the privately and socially optimal degree of loss sharing. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Payment clearing and settlement systems JEL Code(s): G, G1, G19, G2, G21
February 19, 2016 Weekly Financial Statistics - 19 February 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
Monetary Commitment and the Level of Public Debt Staff Working Paper 2016-3 Stefano Gnocchi, Luisa Lambertini We analyze the interaction between committed monetary policy and discretionary fiscal policy in a model with public debt, endogenous government expenditures, distortive taxation and nominal rigidities. Content Type(s): Staff research, Staff working papers Topic(s): Credibility, Fiscal policy, Inflation targets, Monetary policy framework JEL Code(s): E, E2, E24, E3, E32, E5, E52
February 16, 2016 Bank of Canada Statement of Financial Position / Balance Sheet Find our Statements of Financial Position and Supplementary Information of Balance Sheet Loans and receivables.
February 16, 2016 Foreign Exchange Rates Survey Results Results of a 2014 public survey by the Bank regarding the publication of exchange rates.
February 16, 2016 Bank of Canada Announces Future Changes to its Published Foreign Exchange Rate Data Media Relations Ottawa, Ontario The Bank of Canada today announced that, effective 1 March 2017, it will make a series of changes to the number, frequency and calculation methodology of its published foreign exchange rates. Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
February 16, 2016 Bank of Canada announces winners of The Governor’s Challenge student competition Media Relations Ottawa, Ontario The Bank of Canada today announced the winners of The Governor’s Challenge, a new student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Press releases Source(s): The Governor's Challenge