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9262 Results

July 20, 2010

Bank notes

The Bank of Canada is responsible for supplying Canadians with bank notes that they can use with confidence.
July 20, 2010

Funds management

The Bank provides funds-management services to the Government of Canada, itself and other clients.
July 20, 2010

About financial markets

Financial markets consist of markets for money, bonds, equities, derivatives, and foreign exchange. They are one of the three elements of Canada's financial system.
July 20, 2010

Markets

Find news and events about financial market activities, along with supporting materials for government securities auctions, market operations and liquidity provision and committees.

Exchange Rate Fluctuations, Plant Turnover and Productivity

Staff Working Paper 2010-18 Ben Tomlin
In a small open economy fluctuations in the real exchange rate can affect plant turnover, and thus aggregate productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level of competition in the domestic market as import competition intensifies and export opportunities shrink, forcing less productive plants from the market and compelling new entrants to be more competitive than they otherwise would have been.
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