Publications and Research

Developments and Trends

• Introduction
• Highlighted Issues
• The Macrofinancial Environment
• The Financial System

Reports

• Introduction
• Development of the Canadian Corporate Debt Market: Some Stylized Facts and Issues
  by Stacey Anderson, Ron Parker, and Andrew Spence
• Measuring Financial Stress
  by Mark Illing and Ying Liu

Policy and Infrastructure Developments

• Introduction
• Restoring Investor Confidence: Background on Recent Developments in Canada
  by Jim Armstrong
• Transparency in the Canadian Fixed-Income Market: Opportunities and Constraints
  by Tran-Minh Vu
• Policy Issues in Retail Payments
  by Sean O'Connor

Research Summaries

• Introduction
• Governance and Financial Fragility
  by Michael Francis
• Income Trusts: Understanding the Issues
  by Michael R. King
• Valuation of Canadian- versus U.S.-Listed Equities: Is There a Discount?
  by Michael R. King and Dan Segal
• Excess Collateral in the LVTS: How Much Is Too Much?
  by Kim McPhail and Anastasia Vakos