Pricing Indefinitely Lived Assets: Experimental Evidence Staff Working Paper 2023-25 John Duffy, Janet Hua Jiang, Huan Xie We study the trading of an asset with bankruptcy risk. The traded price of the asset is, on average, 40% of the expected total dividend payments. We investigate which economic models can explain the low traded price. Content Type(s): Staff research, Staff working papers Topic(s): Asset pricing, Financial markets JEL Code(s): C, C9, C91, C92, D, D8, D81, G, G1, G12
April 24, 2023 The Bank of Canada releases its Annual Report for 2022 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2022 was tabled in the House of Commons today. Content Type(s): Press, Press releases
April 24, 2023 Bank of Canada releases first report about climate risks to its mandate and operations Media Relations Ottawa, Ontario The Bank of Canada has released its first annual report outlining the risks that climate change poses to its mandate and operations. Content Type(s): Press, Press releases
April 24, 2023 Market Participants Survey—First Quarter of 2023 The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants. Content Type(s): Publications, Market Participants Survey
April 24, 2023 CARR Meeting (April 24, 2023) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
April 20, 2023 Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada On Thursday, April 20, 2023, the Governor of the Bank of Canada, Tiff Macklem, will appear before the Standing Senate Committee on Banking, Commerce and the Economy. He will be accompanied by Senior Deputy Governor Carolyn Rogers. Content Type(s): Press, Media advisories
April 20, 2023 Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
April 18, 2023 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
April 18, 2023 Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada On Tuesday, April 18, 2023, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers. Content Type(s): Press, Media advisories
April 14, 2023 Media roundtable with Governor Macklem On Friday, April 14, Tiff Macklem, Governor of the Bank of Canada, will hold a virtual roundtable with journalists from the sidelines of the G7-G20-IMF meetings in Washington. Content Type(s): Press, Media advisories