December 2, 2008 Results of the 2 December 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
Indebtedness and the Household Financial Health: An Examination of the Canadian Debt Service Ratio Distribution Staff Working Paper 2008-46 Umar Faruqui The household debt-to-disposable income ratio in Canada increased from 110 per cent in 1999 to 127 per cent in 2007. This increase has raised questions about the ability of households to service their increased debt if faced with a negative economic or socio-economic shock. Content Type(s): Staff research, Staff working papers Topic(s): Financial stability, Monetary and financial indicators JEL Code(s): D, D1, D11, D14, D3, D39
December 1, 2008 Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes The Bank of Canada announced today it will sell $0.90 billion of its holdings of treasury bills. This transaction will partially offset the temporary increase in assets associated with the outstanding term liquidity facilities. Details of the transaction are as follows: Content Type(s): Press, Market notices
December 1, 2008 Bank of Canada Announces Details of its Future Term PRA Transactions Since 19 September 2008, the Bank of Canada has conducted eleven Purchase and Resale Agreement (PRA) operations to provide liquidity to Canadian term lending markets. The Bank will continue to extend term liquidity to the market and today is publishing the schedule of its term PRA operations to the end of January. Content Type(s): Press, Market notices
December 1, 2008 Results of the 1 December 2008 Term PRA Transaction for Private Sector Money Market Instruments The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
December 1, 2008 Results for the 1 December 2008 Term Loan Facility The results of today's TLF operation are as follows: Content Type(s): Press, Market notices
December 1, 2008 Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Money Market Instruments The minimum bid rate for today's 14-day Term PRA Facility for Private Sector Money Market Instruments is 2.775%. Content Type(s): Press, Market notices
November 28, 2008 Bank of Canada Announces Details of its Future Term Loan Facility Transactions The Bank of Canada is publishing today the schedule of its Term Loan Facility (TLF) transactions to the end of January. Content Type(s): Press, Market notices
November 28, 2008 Bank of Canada Announces Details of its Future Term PRA Facility for Private Sector Money Market Instruments The Bank of Canada is publishing today the schedule of its term Purchase and Resale Agreements (PRA) for private sector money market instruments to the end of January. Content Type(s): Press, Market notices
November 27, 2008 Fostering Financial System Stability Remarks Pierre Duguay Pictou County Chamber of Commerce Pictou, Nova Scotia The Canadian financial system has fared relatively well through this crisis, thanks to effective regulation and prudent practices that have worked like sandbags to protect our financial system from the storms in today's global economy. Content Type(s): Press, Speeches and appearances, Remarks