The Role of Financial Speculation in Driving the Price of Crude Oil Staff Discussion Paper 2011-6 Ron Alquist, Olivier Gervais Over the past 10 years, financial firms have increased the size of their positions in the oil futures market. At the same time, oil prices have increased dramatically. Content Type(s): Staff research, Staff discussion papers Topic(s): International topics JEL Code(s): G, G1, G12, Q, Q4, Q41
June 29, 2011 Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve in coordination with other central banks The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today announced an extension of the existing temporary U.S. dollar liquidity swap arrangements through 1 August 2012. Content Type(s): Press, Market notices
June 28, 2011 Financial Risks and Global Reforms Remarks Agathe Côté Financial Markets Association of Canada in association with Women in Capital Markets Toronto, Ontario In a speech to members of the Financial Markets Association of Canada and Women in Capital Markets, Deputy Governor Agathe Côté discusses risks to the Canadian financial system and reform of the global system. Content Type(s): Press, Speeches and appearances, Remarks
June 23, 2011 Bank of Canada: Promoting Canada’s Economic and Financial Well-being Presentation John Murray Lethbridge Chamber of Commerce Lethbridge, Alberta In remarks to the Lethbridge Chamber of Commerce, Deputy Governor John Murray discusses the work of the Bank of Canada and its economic outlook. Content Type(s): Press, Speeches and appearances, Presentations
June 22, 2011 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Governor Mark Carney outlines the highlights of the Bank of Canada’s analyses of the economic outlook and the stability of the financial system. Content Type(s): Press, Speeches and appearances, Opening statements
June 22, 2011 Emerging from the Shadows: Market-Based Financing in Canada Financial System Review - June 2011 James Chapman, Lawrence L. Schembri, Stéphane Lavoie Content Type(s): Publications, Financial System Review articles
June 22, 2011 Access to Central Clearing Services for Over-the-Counter Derivatives Financial System Review - June 2011 Carolyn A. Wilkins, Jonathan Witmer, Joshua Slive Content Type(s): Publications, Financial System Review articles
June 22, 2011 The Growth of High-Frequency Trading: Implications for Financial Stability Financial System Review - June 2011 Anna Pomeranets, William Barker Content Type(s): Publications, Financial System Review articles
June 22, 2011 Financial System Review - June 2011 In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that, although the Canadian financial system is currently on a sound footing, risks to its stability remain elevated and have edged higher since December 2010. Content Type(s): Publications, Financial Stability Report