September 12, 2007 Governor Dodge Discusses the Importance of Transparency in Financial Markets Media Relations London, United Kingdom One of the clearest lessons to emerge from the recent financial market dislocation is the critical importance of transparency if debt markets are to function properly, Bank of Canada Governor David Dodge said today in a speech to the Canada-U.K. Chamber of Commerce. Content Type(s): Press, Press releases
September 12, 2007 A Clear Case for Transparency Remarks David Dodge Canada-U.K. Chamber of Commerce London, United Kingdom We have seen a remarkable continuation of robust global growth, fuelled by increases in international trade and facilitated by the continuing evolution and expansion of capital markets. Domestic demand began to grow more strongly in Europe and Asia and to slow in the United States, and this began to ease some of the concerns related to global imbalances that I spoke about during my last visit. Content Type(s): Press, Speeches and appearances, Remarks
September 10, 2007 New initiative to involve Canadian high school students in the fight against bank note counterfeiting crimes Media Relations Ottawa, Ontario The Bank of Canada, the Durham District School Board, the Royal Canadian Mounted Police, the Ontario Provincial Police and the Sûreté du Québec are joining forces to promote the new Counterfeit Detection module, a free ready-to-teach kit available to high schools across the country. Content Type(s): Press, Press releases
The Bank of Canada's Version of the Global Economy Model (BoC-GEM) Technical Report No. 98 René Lalonde, Dirk Muir The Bank of Canada's version of the Global Economy Model (BoC-GEM) is derived from the model created at the International Monetary Fund by Douglas Laxton (IMF) and Paolo Pesenti (Federal Reserve Bank of New York and National Bureau of Economic Research). Content Type(s): Staff research, Technical reports Topic(s): Business fluctuations and cycles, Economic models, International topics JEL Code(s): C, C6, C68, E, E2, E27, E3, E37, F, F3, F32, F4, F47
September 6, 2007 The Bank of Canada is committed to providing liquidity; restores standard terms for SPRA Media Relations Ottawa, Ontario The Bank of Canada is committed to providing liquidity in support of the efficient functioning of Canada's financial markets. Content Type(s): Press, Press releases
September 5, 2007 Bank of Canada keeps target for the overnight rate at 4 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent. Content Type(s): Press, Press releases
Estimating and Comparing the Implied Cost of Equity for Canadian and U.S. Firms Staff Working Paper 2007-48 Jonathan Witmer, Lorie Zorn This paper estimates the implied cost of equity for Canadian and U.S. firms using a methodology based on the dividend discount model and utilizing firms' current stock price and analysts' forecasted earnings. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G3, G30, G38
August 27, 2007 The Bank of Canada's Research Agenda and the Future of Inflation Targeting Remarks Pierre Duguay Canadian Association for Business Economics Kingston, Ontario The last few weeks have been a time of turbulence in financial markets. In times such as these, it is common for people to focus on day-by-day or even hour-by-hour events, and to lose sight of the future. But tonight, I want to focus on the future; specifically, the future of inflation targeting in Canada. Content Type(s): Press, Speeches and appearances, Remarks
August 23, 2007 Bank of Canada Announces the Recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce the recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Press releases
August 22, 2007 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Special Adviser position was created to bring additional perspectives to monetary policy discussions. Content Type(s): Press, Press releases