October 14, 2008 As Part of the G7 Action Plan, Bank of Canada Introduces New Measures to Provide Liquidity to the Canadian Financial System The Bank of Canada strongly welcomes the decisive actions announced today by the U.S. authorities. These significant and timely measures are part of the implementation of the G7 Action Plan agreed last Friday. Content Type(s): Press, Market notices
October 10, 2008 Business Outlook Survey - Autumn 2008 Responses to the autumn survey indicate that the combination of weak U.S. demand, volatile financial markets, and slowing momentum in the West are weighing more heavily on business activity in Canada. Content Type(s): Publications, Business Outlook Survey
October 9, 2008 Results of the 9 October 2008 Sale of Treasury Bills for Balance Sheet Management Purposes Results of the 9 October 2008 Sale of Treasury Bills. Content Type(s): Press, Market notices
October 8, 2008 Central Banks Announce Coordinated Interest Rate Reductions Media Relations Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets. Content Type(s): Press, Press releases
October 7, 2008 Results of the 7 October 2008 Term PRA Transaction The results of today's term PRA operations are as follows Content Type(s): Press, Market notices
October 7, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $2.65 billion of its holdings of treasury bills. Content Type(s): Press, Market notices
October 7, 2008 Bank of Canada Welcomes Further Central Bank Actions to Provide U.S. Dollar Liquidity to Financial Markets Central banks recently announced coordinated actions to expand the provision of U.S. dollar liquidity. Content Type(s): Press, Market notices
October 6, 2008 Bank of Canada Announces Details of its 91 Day Term PRA Transaction In light of persistent pressures in term lending markets, the Bank of Canada announced today that it will enter into a 91-day Purchase and Resale Agreement (PRA) transaction as follows: Content Type(s): Press, Market notices
A Model of Costly Capital Reallocation and Aggregate Productivity Staff Working Paper 2008-38 Shutao Cao The author studies the effects of capital reallocation (the flow of productive capital across firms and establishments mainly through changes in ownership) on aggregate labour productivity. Capital reallocation is an important activity in the United States: on average, its total value is 3–4 per cent of U.S. GDP. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Productivity JEL Code(s): E, E2, E22, L, L1, L16