November 14, 2011 Bank Note Launch Remarks Mark Carney MaRS Discovery District Toronto, Ontario Governor Mark Carney announces the launch of the new $100 bank note. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Bank notes
November 14, 2011 Bank of Canada Issues $100 Bill – First Canadian Polymer Bank Note Media Relations Ottawa, Ontario The Bank of Canada today began circulating the new $100 bill – Canada’s first polymer bank note. This new note will be available at financial institutions from coast to coast to coast over the next few weeks. The $100 note features a portrait of Sir Robert Borden, Prime Minister of Canada between 1911 and 1920, […] Content Type(s): Press, Press releases Topic(s): Bank notes
November 9, 2011 Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target Media Relations Ottawa, Ontario The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which summarizes the key elements of Canada's inflation-targeting framework. Content Type(s): Press, Press releases
November 8, 2011 Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target Media Relations Ottawa, Ontario The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards. Content Type(s): Press, Press releases
November 8, 2011 Global Liquidity Remarks Mark Carney Canada-United Kingdom Chamber of Commerce London, United Kingdom Governor Mark Carney discusses how global liquidity cycles affect financial stability and economic growth, and what policy can do about it. Content Type(s): Press, Speeches and appearances, Remarks
November 8, 2011 Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney Media Relations London, United Kingdom Large, abrupt fluctuations in global liquidity are having a major impact on global financial stability and economic growth, Bank of Canada Governor Mark Carney said today in a speech to the Canada-United Kingdom Chamber of Commerce. “Over the medium term, the continuation of such extreme liquidity cycles could ultimately threaten open capital markets and a […] Content Type(s): Press, Press releases
November 7, 2011 Renewal of the Inflation-Control Target (November 2011) Commentary and technical data relating to the 2011 target renewal. Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
Innovation and Growth with Financial, and Other, Frictions Staff Working Paper 2011-25 Jonathan Chiu, Césaire Meh, Randall Wright The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Potential output, Productivity JEL Code(s): E, E4, G, G2, O, O3, O4
Determinants of Financial Stress and Recovery during the Great Recession Staff Working Paper 2011-24 Joshua Aizenman, Gurnain Pasricha In this paper, we explore the link between stress in the domestic financial sector and the capital flight faced by countries in the 2008-9 global crisis. Both the timing of emergence of internal financial stress in developing economies, and the size of the peak-trough declines in the stock price indices was comparable to that in high income countries, indicating that there was no decoupling, even before Lehman Brothers’ demise. Content Type(s): Staff research, Staff working papers Topic(s): Balance of payments and components, Financial markets, International topics JEL Code(s): F, F3, F32, G, G1, G15