Posts

• June 24, 2004

  Co-operation and the Conduct of Economic Policy

  Remarks David Dodge European Economics and Financial Centre Paris, France

  The theme of this event is "Policy Coordination in an Integrated Global Economy." It seems as if the idea of policy coordination is making a comeback these days.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 23, 2004

  Bank of Canada Workshop on Regulation, Transparency, and the Quality of Fixed-Income Markets

  Financial System Review - June 2004 Lorie Zorn

  Content Type(s): Publications, Financial System Review articles
• June 23, 2004

  The Organizational Structure of Financial Market Regulation: Highlights from the Literature

  Financial System Review - June 2004 Christine Fay, Nicolas Parent

  Content Type(s): Publications, Financial System Review articles
• June 23, 2004

  Competition in Banking

  Financial System Review - June 2004 Carol Ann Northcott

  Content Type(s): Publications, Financial System Review articles
• June 23, 2004

  Financial System Review - June 2004

  

  This section of the Financial System Review examines the recent performance of the Canadian financial system and the factors, both domestic and international, that are influencing it. In each issue, one or more subjects of particular interest are discussed as highlighted topics.

  Content Type(s): Publications, Financial Stability Report
• June 16, 2004

  Governor Dodge Discusses How Canada Is Adjusting to Changes in the Global Economy

  Media Relations Hamilton, Ontario

  The Canadian economy is well placed to adjust to the major changes underway in the world economy, Bank of Canada Governor David Dodge said today. While Canada has adopted the right policies to allow its economy to adjust to changing forces, it should continue its efforts to prepare for new opportunities and challenges, the Governor said.

  Content Type(s): Press, Press releases
• June 16, 2004

  The Changing World Economy: What It Means for Canada

  Remarks David Dodge Hamilton Chamber of Commerce Hamilton, Ontario

  The same is true of the Canadian economy, which must always adjust to changing domestic and world circumstances. During 2003 and so far this year, some of those adjustments may have felt more like overhauls, particularly for some manufacturing firms here in Ontario.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 8, 2004

  Bank of Canada keeps target for the overnight rate at 2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.

  Content Type(s): Press, Press releases

• Competition in Banking: A Review of the Literature

  Staff Working Paper 2004-24 Carol Ann Northcott

  The author reviews the theoretical and empirical literature to examine the traditional perception that the following trade-off exists between economic efficiency and stability in the banking system: a competitive banking system is more efficient and therefore important to growth, but market power is necessary for stability in the banking system.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services, Market structure and pricing JEL Code(s): G, G2, G21, G28, L, L1, L11, L12, L13, L16

• Convergence of Government Bond Yields in the Euro Zone: The Role of Policy Harmonization

  Staff Working Paper 2004-23 Denise Côté, Christopher Graham

  Since the early 1980s, long-term government bond yields in the euro zone have declined, in line with those in other industrialized countries.

  Content Type(s): Staff research, Staff working papers Topic(s): Interest rates, International topics JEL Code(s): C, C2, C23, E, E4, E43, E44, F, F3, F36