There’s been a lot of commotion as of late over the rapid pace of the Bank of Canada’s current bond buying program, with concern mounting
Continue readingA ‘Total Risk’ Portfolio Framework
Because investing is ultimately the practice of making reasonable tradeoffs between risk and return, having an accurate measure of both is a critical
Continue readingIn Defense of Cash
Most investors intuitively recognize the benefit of purchasing distressed assets “on-sale” when markets periodically correct, yet very few actually hold the cash required
Continue readingHow the Bank of Canada Funds Government Spending
Critics of the Bank of Canada have been out in full force as of late, arguing that through Bank of Canada purchases of Government of
Continue readingHow the Bank of Canada Creates Money
ABSTRACT This paper provides a general understanding of the process by which the Bank of Canada (BoC) creates money through large scale asset
Continue reading