Getting COVID's Number
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Annual Report 2003 La De Annuel Rapport Rapport Annueldela 2003 Banque Ducanada
BANK OF CANADA OF CANADA BANK ANNUAL REPORT 2003 ANNUAL REPORT BANK OF CANADA ANNUAL REPORT 2003 2003 2003 BANQUE DU CANADA DU CANADA BANQUE BANQUE DU CANADA DU BANQUE LA DE ANNUEL RAPPORT RAPPORT ANNUEL DE LA RAPPORT Bank of Canada — 234 Wellington Street, Ottawa, Ontario K1A 0G9 5211 — CN ISSN 0067-3587 ISSN CN — 5211 0G9 K1A Ontario Ottawa, Street, Wellington 234 — Canada of Bank his many volunteer activities. His warm wit and generous spirit will be sorely missed. sorely be will spirit generous and wit warm His activities. volunteer many his Gerry Bouey and neither will his community to which he contributed to the very end through end very the to contributed he which to community his will neither and Bouey Gerry Those who worked with him over the course of his long and remarkable career will never forget never will career remarkable and long his of course the over him with worked who Those Achievement Award. In 1987, he was made a Companion of the Order of Canada. of Order the of Companion a made was he 1987, In Award. Achievement of Laws from Queen’s University. In 1983, he was presented with the Outstanding Public Service Public Outstanding the with presented was he 1983, In University. Queen’s from Laws of In 1981, he was made an Officer of the Order of Canada and also received an Honorary Doctor Honorary an received also and Canada of Order the of Officer an made was he 1981, In economic development and to the Bank’s growing international reputation. -
Tiff Macklem: Mitigating Systemic Risk and the Role of Central Banks
Tiff Macklem: Mitigating systemic risk and the role of central banks Remarks by Mr Tiff Macklem, Senior Deputy Governor of the Bank of Canada, to “Conférence de Montréal”, Montreal, Quebec, 6 June 2011. * * * Introduction It’s a pleasure to be here today and to be part of this panel. My assignment is to talk about the role of central banks with respect to systemic risk–in ten minutes. Needless to say, this is a tall order, made all the more challenging by the fact that systemic risk requires looking across the entire financial system and considering the full sweep of policy instruments and how they interact. But I will do my best to break it down into the essential points and look forward to the panel discussion and questions afterwards. There are three points that I want to make. First, we have made considerable progress in reforming the core of the global financial system. Basel III represents a very significant strengthening of the global rules. The reform agenda is now turning to the important issue of shadow banking–or market-based financing, as it is more aptly called–and the appropriate perimeter of supervision and regulation. Completing this reform agenda is critical to strengthening the resilience of the financial system. Second, central banks have a pivotal role to play in mitigating systemic risk by: identifying system-wide vulnerabilities and using their panoramic view of the financial system to connect the dots; supporting financial stability by providing emergency liquidity assistance to solvent, but illiquid institutions; and protecting the global financial system from the failure of one institution by promoting robust core financial infrastructure and overseeing systemically important clearing and settlement systems, including central counterparties for over-the-counter (OTC) derivatives. -
Bank of Canada Review: July 2020
Bank of Canada Review: July 2020 Relevant Links : Policy Announcement: https://www.bankofcanada.ca/2020/07/fad-press-release-2020-07-15/ Monetary Policy Report: https://www.bankofcanada.ca/2020/07/mpr-2020-07-15/ Policy Press Conference: with Tiff Macklem and Senior Deputy Governor Wilkins: https://www.bankofcanada.ca/2020/07/opening-statement-150720/ BOC rates seen being on hold into 2023 after Gov Macklem says it will remain 0.25% until inflation is sustainably around 2% target. - Macklem also said that QE may be tapered off before rates rise, in line with earlier plan to buy at least CAD5b/wk of federal bonds until recovery is well underway.- "We will be looking for signs that the recovery is becoming more self-sustaining," Macklem said at press conference. "Logically yes, the recovery being well under way comes before capacity has been fully absorbed, but those of those are some ways off." - "We continue to think asset purchases will continue at least through the first quarter of 2021, and likely well into next year," RBC senior economist Josh Nye says in note. No rate rise until 2023 or later. - Capital Economics: "Bank signals it will not raise rates until at least 2023." - "The timing of the first BoC hike could be similar to that for the Fed, in early 2023," CIBC chief economist Avery Shenfeld said. "the phrase "well underway" also suggests that QE will end before the policy rate is hiked. Analyst Views Bank of America: "Low rates for a long, long time." BoA expects the "policy rate to remain at current levels for many quarters and see QE stepped up if needed. -
Sport-Scan Daily Brief
SPORT-SCAN DAILY BRIEF NHL 4/21/2020 Boston Bruins Edmonton Oilers 1183213 Bruce Cassidy believes Bruins’ ‘structure’ will be a benefit 1183243 Ryan Mantha's potential Oilers career never had a chance when (if) play resumes 1183244 Discount forward options the Oilers could pursue in free 1183214 The 2011 Bruins are reuniting Tuesday to watch their agency Stanley Cup clincher 1183245 ‘He was one in a million’: Colby Cave’s wife, Emily, opens 1183215 Bruins coach Bruce Cassidy making the most of his down up about her loss time 1183246 ‘Oh my God, Edmonton’s picking first’: An oral history of 1183216 Bruins Breakdown: Jaroslav Halak has been a great the 2015 NHL draft lottery addition 1183217 Bruce Cassidy says pause in NHL season hasn't changed Los Angeles Kings Bruins' goal 1183247 WEBSTER’S LEGACY LEAVES LASTING IMPACT: “HE 1183218 This week in Bruins playoff history: Lake Placid trip LOVED THE GAME, BUT HE LOVED PEOPLE” sparked Stanley Cup run in 2011 1183219 This Date in Bruins History: Boston beats rivals in high- Montreal Canadiens scoring games 1183248 Jeff Petry and P.K. Subban feed hospital workers, save 1183220 Entire 2011 Bruins team to reunite for Stanley Cup Game some jobs along the way 7 watch party 1183221 If hockey is to return this year, captains’ practices may Nashville Predators prove essential 1183249 Will the Predators try to re-sign Mikael Granlund and Craig 1183222 My favorite player: Rob Zamuner Smith? Can they? 1183223 Shinzawa: How I’d improve the NHL if I were commissioner New Jersey Devils 1183250 Position-by-position: NJ Devils have depth on wings but Buffalo Sabres few impact players 1183224 Sabres' No. -
November 26 – November 30, 2012
Market Round Up: November 26 – November 30, 2012 International News: Expecting good news from China, where confidence in the economy is the highest it has been in more than a year. Unfortunately, domestic investors do not seem to agree, as the Composite Shanghai index lost 4.3 per cent last month. Over the last three years, it has fallen 43 per cent. Company News: RIM was back in the news last week. Shares have rallied 90 per cent in the last two months, and are now at $12, a result of the BB10 launch set for January. It seams carriers are hoping to impact the Android/Apple duopoly, and putting some weight behind RIM’s offering. Analysts are even beginning to speak on “non-terrible” results in Q1 of 2013 - Goldman even updated the company to a “buy” rating. Whether this rally is based on something tangible or merely hope, has yet to be determined. Tiffany and Co (TIF) fell following the release of lower-than-expected quarterly sales, while Yum Brands (YUM) reported weak Chinese sales numbers, sending shares lower. Upcoming: We continue to look towards retailers to indicated economic health. Note that, pessimistically, most US department stores revealed falling sales in November despite a post thanksgiving boost. Technical analysts are looking for a rally in December, based on the September sell off. As per usual, watch for movement in the fiscal cliff talks. Mark Carney, governor of the Bank of Canada will take up the same position in the Bank of England. His job will include anchoring inflation, supervising the financial institutions (company regulators will come under the BoE mandate next year), and stabilizing the British economy. -
Tiff Macklem: the Role of the G-20 in Sustaining the Recovery and Protecting Financial Stability
Tiff Macklem: The role of the G-20 in sustaining the recovery and protecting financial stability Remarks by Mr Tiff Macklem, Senior Deputy Governor of the Bank of Canada, at the FICCI-IBA (Federation of Indian Chambers of Commerce & Industry – Indian Banks’ Association) Conference on “Global Banking: Paradigm Shift”, Mumbai, 24 August 2011. * * * Introduction In some respects, Canada and India could not be more different. Canada is the world’s second-largest country in geographic size, with a population of 34 million. India, as one of only two countries with more than a billion people, is the world’s second largest in population and is expected to be the largest within 15 years. However, there is much we share, not least, vast and diverse geographies, diversity among our citizens, a common democratic heritage as members of the British Commonwealth, and market-based economies. In my remarks today, I will focus on these and other similarities between India and Canada, as well as our strong, joint interest – indeed, our leadership role – in the G-20 reform program to achieve durable financial stability and sustainable and balanced economic growth. My message, in a sentence, is that while the G-20 has made considerable progress in strengthening the microeconomic rules governing the regulated financial system, we have fallen short in correcting the imbalances that are plaguing the global economy and fuelling financial vulnerabilities. And this is having consequences. The slow progress by some countries in implementing adjustments needed to address macroeconomic imbalances is holding back the global recovery and increasing the risk of financial instability. -
Annual Report 2020
Governor's foreword The year 2020 was like no other. It began with the unemployment rate in Canada near an all-time low, inflation very close to its 2 percent target and the Bank of Canada’s policy interest rate at 1¾ percent. Canada’s economy was healthy. To use Governor Stephen Poloz’s words in the foreword of last year’s Annual Report, “the macroeconomy has made it home.” A year later, we are far from home. By February 2020, COVID‑19 was spreading globally, and in March, Canada went into a lockdown. Thanks to the collective efforts of so many—health care providers, first responders, essential workers, governments, business leaders and every Canadian who took public health guidance to heart—a much worse catastrophe was averted. Nevertheless, the human and economic costs of the pandemic have been severe, and it’s not over. The COVID‑19 pandemic took the lives of more than 15,000 Canadians in 2020. And with the virus continuing to spread, more Canadians will get sick—some with devastating consequences. In the spring of 2020, the economy plunged into the deepest recession on record—putting more than three million Canadians out of work —and inflation fell to zero. Since then, the economy has climbed a long way back from the very deep hole it was in. But the recovery remains very incomplete. At the end of 2020, rising infections and new lockdowns were poised to worsen the economic situation in early 2021, before the rollout of new vaccines allows for a gradual return to more normal activities sometime later in the year. -
Comm 285COVER.Qxp
NO. 285, MARCH 2009 C.D. Howe Institute COMMENTARY MONETARY POLICY To the Next Level: From Gold Standard to Inflation Targets – to Price Stability? William B.P. Robson In this issue... Can Canada improve on its successful monetary order based on a 2 percent inflation target when it expires in 2011? Yes – better price measures, a lower inflation or price-level target, and stronger accountability could better preserve the value of Canadians’ money. THE STUDY IN BRIEF Canada’s current monetary regime, with its 2 percent inflation target, has a record of success that sets the bar high for improvements in 2011 when it comes up for renewal. Yet the 2 percent target has key defects: the impact of 2 percent annual inflation on Canadians’ purchasing power will, by 2011, have reduced the dollar’s value by more than one-quarter since 2 percent targeting began in 1995, and the annual target means the future price level is less predictable as the forecast horizon THE AUTHOR OF lengthens. Moreover, the 2 percent regime’s success also suggests that protecting THIS ISSUE money’s purchasing power more vigorously would be easier and more rewarding than once thought. WILLIAM B.P. ROBSON is President and Chief Before assessing whether and how the current regime can be improved, this Executive Officer of the Commentary first examines the key elements of a durable monetary order. They are: C.D. Howe Institute. a unique, logical goal for monetary policy; technical power to influence monetary conditions decisively; tactical skill to use that power effectively; private expectations and behaviour that conform to the goal; democratic support and accountability; and Rigorous external review resilience in the face of foreseeable shocks. -
President William C. Dudley Daily Schedules January 2009
President William C. Dudley Daily Schedules January 2009 – September 2010 William Dudley January 29, 2009 Calendar Thursday, January 29, 2009 06:15 AM Bank car pick up from home 07:30 AM - 07:45 AM Daily meeting with Bill and Mike 08:45 AM - 09:00 AM Morning Briefing - you are to lead today's meeting 09:00 AM - 09:30 AM Martin Feldstein, NBER 09:15 AM - 09:45 AM Morning Calls / Dial-in 09:30 AM - 10:00 AM Hold for Markets Group, 9th floor 10:00 AM - 10:30 AM Special Management Conference, 12FCC 10:30 AM - 10:45 AM Ed/Bill D. 11:00 AM - 11:30 AM Planning for the next FOMC cycle (with Simon Potter) 11:30 AM - 12:30 PM Lunch with Tudor Investments Corp., Lincoln Room 01:30 PM - 02:30 PM Discussion re: Morgan Stanley with Rutledge 03:00 PM - 04:00 PM Discussion re: Citigroup 04:00 PM - 04:30 PM Market Conditions Briefing 04:30 PM - 05:00 PM Directors' Telephone Conference call (Chris will be in Phila.) 05:00 PM - 05:30 PM Meet with Brian Peters Mr. Dudley's departure from the Bank on January 30 is to be determined. William Dudley January 30, 2009 Calendar Friday, January 30, 2009 06:15 AM Bank car pick up from home 07:30 AM - 07:45 AM Daily meeting with Bill and Mike Schetzel 08:45 AM - 09:00 AM Morning Briefing - You are to lead today's meeting. 09:15 AM - 09:45 AM Morning Calls / Dial-in 10:00 AM - 11:00 AM Meeting with Derryck Maughan, Managing Director, Kohlberg Kravis Roberts & Co (Marianne 02:30 PM - 03:00 PM AIG Update Meeting with Mr. -
Sport-Scan Daily Brief
SPORT-SCAN DAILY BRIEF NHL 3/26/2020 Anaheim Ducks Columbus Blue Jackets 1172925 NHL postpones 2020 draft amid coronavirus pandemic 1172955 Shutdown is latest hurdle for Blue Jackets draft pick 1172926 NHL postpones draft, awards show and combine because Carson Meyer of Ohio State to overcome of coronavirus 1172927 ‘Oh, my God. This kid’: Why the Ducks’ Trevor Zegras Dallas Stars could be their next star 1172956 Stars CEO Jim Lites, GM Jim Nill take 50% pay cuts in attempt to help alleviate financial stress on organizati Arizona Coyotes 1172957 Stars’ Best of the Season: Tyler Seguin’s OT goal in 1172928 Report: NHL team suggested tournament to decide draft Montreal caps all-around night lottery 1172958 Hot dogs, pubs and coffee: Stars-adjacent stories for 1172929 Cultural competence: Jeff Ulmer’s international exploits every Eastern Conf. city shaped his Arizona role Detroit Red Wings Boston Bruins 1172959 Detroit Red Wings will have to wait on draft placement, 1172930 Bruins owner Jeremy Jacobs is coming up short during the with NHL postponing lottery global pandemic, and it’s pathetic 1172960 Most Fox Sports Detroit freelancers to be offered $2,500 1172931 NHL announces postponement of several events, loan from parent company in April including combine, draft, and awards ceremony 1172961 Detroit Red Wings prospect Joe Veleno making progress 1172932 Delaware North places full-time staff on temporary leave in first year in pro hockey 1172933 NHL postpones draft, awards, scouting combine 1172962 FSD parent company offers freelance production workers 1172934 NHL announces postponement of 2020 Draft, Scouting $2,500 interest-free advances Combine, Awards 1172963 NHL postpones draft lottery, awards, entry draft 1172935 Delaware North layoffs, cuts not likely to sit well with 1172964 Wojo: When sports return, will the obsession return too? Bruins fans 1172965 Likely No. -
Management Proxy Circular
ANNUAL MEETING OF SHAREHOLDERS April 13, 2021 MANAGEMENT PROXY CIRCULAR YOUR VOTE IS IMPORTANT Please take some time to read this management proxy circular for important information about the business of the meeting and to learn more about Scotiabank. scotiabank.com/annualmeeting Scotiabank is a leading bank in the Americas. Guided by our purpose – “for every future” –wehelpour customers, their families and their communities achieve success through a broad range of advice, products and services. YOUR VOTE IS Notice of annual meeting of IMPORTANT common shareholders of The Bank As a Scotiabank shareholder, it is important of Nova Scotia to vote your shares at the upcoming meeting. WHEN WHERE Detailed voting instructions Tuesday, April 13, 2021 Via Live Webcast Online at for registered and 9:00 a.m. (Eastern) https://web.lumiagm.com/422842781 non-registered Given the continued uncertainty surrounding the COVID-19 pandemic and the shareholders begin on importance of the health and safety of our employees, shareholders, communities page 8 of the management and other stakeholders, we have taken the proactive step to obtain a court order that proxy circular. allows us to hold our annual meeting using electronic means. We believe this order If you cannot attend the provides a level of certainty for our stakeholders while supporting shareholder meeting, you should engagement and their ability to attend the annual meeting and exercise their rights to complete, sign and return participate and vote. The annual meeting will be held virtually via live webcast at your proxy or voting https://web.lumiagm.com/422842781. We encourage you to vote your shares prior to instruction form to vote the meeting. -
NHL94 Manual for Gens
• BASKETBALL • FOOTBALL • HOCKEY • GOLF • BASEBALL • BASKETBALL • FOOTBALL • HOCKEY • GOLF • BASEBALL • BASKETBALL • FOOTBALL • HOCKEY • GOLF • BASEBALL • HOCKEY • • HOCKEY • GOLF BASEBALL • HOCKEY • FOOTBALL • BASKETBALL • GOLF BASEBALL • HOCKEY FOOTBALL BYLINE USA Ron Barr, sports anchor, EA SPORTS Emmy Award-winning reporter Ron Barr brings over 20 years of professional sportscasting experience to EA SPORTS. His network radio and television credits include play-by play and color commentary for the NBA, NFL and the Olympic Games. In addition to covering EA SPORTS sporting events, Ron hosts Sports Byline USA, the premiere sports talk radio show broadcast over 100 U.S. stations and around the world on Armed Forces Radio Network and* Radio New Zealand. Barr’s unmatched sports knowledge and enthusiasm afford sports fans everywhere the chance to really get to know their heroes, talk to them directly, and discuss their views in a national forum. ® Tune in to SPORTS BYLINE USA LISTENfor IN! the ELECTRONIC ARTS SPORTS TRIVIA CONTEST for a chance to win a free EA SPORTS game. Check local radio listings. 10:00 p.m. to 1:00 a.m. E.T. 9:00 p.m. to 12:00 a.m. C.T. 8:00 p.m. to 11:00 p.m. M.T. 7:00 p.m. to 10:00 p.m. P.T. OFFICIAL 722805 SEAL OF FOOTBALL • HOCKEY • GOLF • BASEBALL • BASKETBALL • FOOTBALL • HOCKEY • GOLF • BASEBALL • HOCKEY • HOCKEY • GOLF BASEBALL • HOCKEY • FOOTBALL • BASKETBALL • GOLF BASEBALL • HOCKEY FOOTBALL QUALITY • BASKETBALL • FOOTBALL • HOCKEY • GOLF • BASEBALL • BASKETBALL ABOUT THE MAN: Mark Lesser NHL HOCKEY ‘94 SEGA EPILEPSY WARNING PLEASE READ BEFORE USING YOUR SEGA VIDEO GAME SYSTEM OR ALLOWING YOUR CHILDREN TO USE THE SYSTEM A very small percentage of people have a condition that causes them to experience an epileptic seizure or altered consciousness when exposed to certain light patterns or flashing lights, including those that appear on a television screen and while playing games.