January 29, 2016 Bank of Canada Announces Higher Target for Settlement Balances to Reinforce the Target for the Overnight Rate Effective Friday, 29 January 2016, the Bank is increasing the target for the minimum daily level of settlement balances to $500 million, from its current level of $150 million. This measure will remain in effect until further notice. Content Type(s): Market notices
January 28, 2016 Change to the Standard Terms for Auctions of Government of Canada Marketable Bonds and Terms and Conditions Governing the Morning Auction of Receiver General Cash Balances The Department of Finance and the Bank of Canada have updated the rule for determining the coupon rates of Government of Canada nominal bonds. Content Type(s): Press, Market notices
January 28, 2016 Banking and Financial Statistics - January 2016 Content Type(s): Publications, Historical: Banking and Financial Statistics
January 25, 2016 CFIF Meeting (January 25, 2016) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
January 22, 2016 Weekly Financial Statistics - 22 January 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
Agency Costs, Risk Shocks and International Cycles Staff Working Paper 2016-2 Marc-André Letendre, Joel Wagner We add agency costs as in Carlstrom and Fuerst (1997) into a two-country, two-good international business-cycle model. In our model, changes in the relative price of investment arise endogenously. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, International topics JEL Code(s): E, E2, E22, E3, E32, E4, E44, F, F4, F44
Reconciling the Differences in Aggregate U.S. Wage Series Staff Working Paper 2016-1 Julien Champagne, André Kurmann, Jay Stewart Average hourly real wage series from the Labor Productivity and Costs (LPC) program and the Current Employment Statistics (CES) program have evolved very differently over the past decades. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Labour markets JEL Code(s): E, E0, E01, E2, E24, E3, E30, J, J3, J30