Posts

• Fragility of Resale Markets for Securitized Assets and Policy of Asset Purchases

  Staff Working Paper 2016-46 Martin Kuncl

  Markets for securitized assets were characterized by high liquidity prior to the recent financial crisis and by a sudden market dry-up at the onset of the crisis. A general equilibrium model with heterogeneous investment opportunities and information frictions predicts that, in boom periods or mild recessions, the degree of adverse selection in resale markets for securitized assets is limited because of the reputation-based guarantees by asset originators.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Credit and credit aggregates, Economic models, Financial markets, Financial stability, Financial system regulation and policies JEL Code(s): E, E3, E32, E5, G, G0, G01, G2
• October 31, 2016

  Research Update - October 2016

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• October 28, 2016

  Weekly Financial Statistics - 28 October 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• October 27, 2016

  Banking and Financial Statistics - October 2016

  Content Type(s): Publications, Historical: Banking and Financial Statistics
• October 24, 2016

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 24, 2016

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021.

  Content Type(s): Press, Press releases
• October 24, 2016

  Letter from the Governor to the Minister of Finance regarding the Renewal of the Inflation-Control Target – Dated 21 September 2016

  Cover letter outlining the Bank’s recommendations for the target agreement, and detailing the Bank’s research of key issues related to the renewal.
• October 24, 2016

  Renewal of the Inflation-Control Target (October 2016)

  Commentary and technical data relating to the 2016 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
• October 21, 2016

  Weekly Financial Statistics - 21 October 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• October 21, 2016

  2nd Annual Conference on the Chinese Economy

  Workshop held on 21 and 22 October 2016 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops