April 7, 2009 Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Instruments The minimum bid rate for today's 85-day Term PRA Facility for Private Sector Instruments is 0.62%. Content Type(s): Press, Market notices
April 6, 2009 Results of the 6 April 2009 Term PRA Transaction The results of today's term PRA operations are as follows. Content Type(s): Press, Market notices
April 6, 2009 Results for the 6 April 2009 Term Loan Facility The results of today's TLF operation are as follows. Content Type(s): Press, Market notices
April 5, 2009 Unexpected Inflation and Redistribution of Wealth in Canada Bank of Canada Review - Spring 2009 Césaire Meh, Yaz Terajima One of the most important arguments in favour of price stability is that unexpected inflation generates changes in the distribution of income and wealth among different economic agents. These redistributions occur because many loans are specified in fixed dollar terms and unexpected inflation redistributes wealth from creditors to debtors by reducing the real value of nominal assets and liabilities. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Central bank research, Inflation and prices, Inflation: costs and benefits, Sectoral balance sheet
April 3, 2009 The Bank of Canada Releases Its Annual Report for 2008 Media Relations Ottawa, Ontario The Bank of Canada's Annual Report for 2008 was tabled in the House of Commons today. Content Type(s): Press, Press releases
April 3, 2009 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $2.10 billion of its holdings of treasury bills. Content Type(s): Press, Market notices
April 3, 2009 Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 6 March, the Bank of Canada announced today that it will conduct a 85-day term PRA operation for private sector instruments as follows. Content Type(s): Press, Market notices
April 3, 2009 Bank of Canada Announces Details of its Term PRA Operation In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 84-day term PRA operation as follows. Content Type(s): Press, Market notices
April 3, 2009 Bank of Canada Announces Details of its Term Loan Facility Operation In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 30-day TLF operation as follows: Content Type(s): Press, Market notices
Price Movements in the Canadian Residential Mortgage Market Staff Working Paper 2009-13 Jason Allen, Darcey McVanel The authors empirically analyze the price-setting behaviour of the major Canadian banks in the residential mortgage market over the period 1991–2007. They use weekly posted prices of the major mortgage providers to study the degree of competition in mortgage price setting. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services JEL Code(s): D, D4, G, G2