Bank of Canada (BoC)
Leverage constraints: the Canadian experience
Bank of Canada paper shows that domestic banks fared better in the lead up to the crisis for having leverage ceilings; highlights some practical concerns
Household finances important for growth: Canada’s Carney
Behaviour of households to be “particularly important” in the coming year owing to weakness of global demand
Bank of Canada – Financial System Review
Bank of Canada review says overall vulnerability of the system has declined, but individual households are in an increasingly brittle position
Rate decisions this week
Korea, New Zealand hold but indicate tightening soon to come. Bank of England and Bank of Canada maintain policy stance, along with Peru and Brazil as Denmark and Iceland cut
Monetary policy in preventing boom-bust housing cycles
Bank of Canada paper argues that central banks should react less to inflation and more to output to avoid making boom-bust cycles worse
Bank of Canada – Autumn Review
Bank of Canada publishes the latest issue of its economic review
Canada’s Carney criticises Chinese exchange regime
Bank of Canada governor says it could foster protectionism and thwart growth
Canada’s Longworth set to leave
Bank of Canada’s David Longworth announces retirement two weeks after senior deputy Paul Jenkins
Evaluating economy-wide risk measurement tools
Bank of Canada paper acknowledges useful information exists on credit risk models, but argues further work is needed
Lessons for banking reform: a Canadian perspective
Canada’s banks have stood firm throughout the crisis, despite Ottawa’s aversion to prescriptive rule-based regulation
Forum: Tackling asset-price bubbles
Central Banking asked a select panel of former central bankers and advisors if the current crisis calls for a reevaluation of the policy response to asset prices
Credit crunch – phase two
The credit crisis that started in August last year has moved into a destabilising second phase, with equity markets and the real economy looking increasingly shaky. This section analyses central banks’ response to the long-running crisis
News analysis: Forced into action
Claire Jones, the editor of Central Bank News, analyses how uncertainty threatened to cripple the interbank market and called for a unique response from the central banks
Interview: David Dodge
The governor of Canada’s central bank explains how the institution has contributed to the country’s remarkable recent economic performance.
Review of Making Money, An Insider’s Perspective on Finance, Politics, and Canada’s Central Bank
Ben Mander enjoys the new book by a former governor of the Bank of Canada
Website of the year
The governor of the Bank of Canada, David Dodge, was in London to receive the award for the best central bank website for 2003.