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No active cases of COVID-19 in P.E.I., province easing restrictions further

All of P.E.I.'s 27 confirmed cases of COVID-19 are now considered recovered, said Chief Public Health Officer Dr. Heather Morrison.



  • News/Canada/PEI

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Islanders show and tell their pandemic creations

With time on their hands, many Islanders have tapped into their creative sides. Some people who are artistic had more time to create and try new things, while others discovered untapped potential as makers. 



  • News/Canada/PEI

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Michigan Bill Boosts Spending To Combat Lead, Abusive Clergy

A $28.8 million spending bill nearing legislative approval would allocate funding to combat lead in Michigan drinking water systems and investigate sexual assaults by clergy.




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Michigan Orders Flint Hospital To Reduce Legionnaires' Risks

Michigan officials are ordering a Flint hospital to take steps to reduce the risk of exposure to Legionella bacteria and Legionnaires' disease at the facility.




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Former Gov. Rick Snyder Will Teach At Harvard

Former Michigan Gov. Rick Snyder is headed to Harvard University to teach, study and write on subjects related to state and local government.




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Ex-FBI Agent Defends Flint Water Probe After Criticism

A former FBI agent who investigated the Flint water scandal says the team was moving toward new charges when new prosecutors took over.




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BIS global liquidity indicators at end-June 2019

US dollar credit to non-bank borrowers outside the United States grew by 4% year on year at end-June 2019, to reach $11.9 trillion. Foreign currency credit denominated in euros and Japanese yen continued to expand at a faster pace than that in US dollars, growing at annual rates of 9% and 8%, respectively. US dollar credit to emerging market and developing economies (EMDEs) grew at an annual rate of 2% (to reach $3.7 trillion), though growth varied substantially across regions.




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OTC derivatives statistics at end-June 2019

Notional amounts of OTC derivatives rose to $640 trillion at end-June 2019. This is up from $544 trillion at end-2018 and the highest level since 2014. It marks a continuation of the trend increase evident since end-2016. The gross market value of OTC derivatives, summing positive and negative values, also rose, from $9.7 trillion to $12.1 trillion, led by increases in euro interest rate derivative contracts. The lastest semiannual data benefit from the addition of more comprehensive information for smaller dealers collected as part of the BIS Triennial Survey. Dealers in emerging market economies (EMEs) accounted for 9% of the outstanding notional amounts of foreign exchange and commodity derivatives globally at end-June 2019, up from 7% at end-June 2016.




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BIS Statistical Bulletin, December 2019

The BIS Statistical Bulletin is published quarterly and summarises all BIS statistics in tabular form. It includes introductions to each data set and a glossary of statistical terms.




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BIS international banking statistics at end-September 2019

Global cross-border bank claims continued to expand rapidly, growing at 9% year on year. As in previous quarters, the expansion was mainly due to claims on the non-bank sector, which grew at 12% year on year. The growth in claims on non-bank financial institutions was particularly strong (+17%). European banks' cross-border lending, which went through a prolonged contraction after the Great Financial Crisis (GFC) of 2007-09, has been expanding again since the start of 2018.




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BIS global liquidity indicators at end-September 2019

US dollar credit to non-bank borrowers outside the United States grew by 5% year on year at end-September 2019, to reach $12.1 trillion. Euro-denominated credit outside the euro area continued to expand at a fast pace (9%). In contrast, the growth rate of yen-denominated credit outside Japan fell to 1%. Strong debt securities issuance drove expansions in US dollar and euro credit to emerging market and developing economies (EMDEs). US dollar credit to EMDEs grew at an annual rate of 3% (to reach $3.8 trillion); euro credit to EMDEs expanded by 9% (to reach €0.7 trillion).




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Residential property prices: selected series (nominal and real)

Global real residential property prices rose 1.4% year/year in aggregate in Q3 2019, reflecting subdued developments both in advanced (+ 1.5%) and emerging market economies (+ 1.3%).




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Debt securities statistics

The debt securities statistics provide quarterly data on borrowing in money and bond markets, distinguishing between international and domestic markets.




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Exchange-traded derivatives statistics

The exchange-traded derivatives statistics provide monthly data on the turnover, and quarterly data on the open interest, of foreign exchange and interest rate futures and options. They refer to notional amounts, which enables comparisons of levels and trends in activity across different markets.




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BIS international banking statistics at end-December 2019

The annual growth rate of global cross-border bank claims fell to 6%, down from 9% at end-September 2019. The short-term share of foreign banks' claims, a key indicator of external vulnerability, is elevated for a number of borrowing emerging market and developing economies (EMDEs). Borrowers in EMDEs had untapped credit lines of $610 billion, or roughly 10% of the stock of global foreign claims on EMDEs at end-2019. Saudi Arabia joined the reporting population for the locational banking statistics (LBS) with data starting from Q4 2017, bringing the number of countries reporting these data to 48.




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Locational banking statistics

The locational banking statistics provide quarterly data on the outstanding claims and liabilities of internationally active banks located in reporting countries against counterparties residing in more than 200 countries. They capture the currency composition of banks' balance sheets and the geographical breakdown of their counterparties.




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Consolidated banking statistics

The consolidated banking statistics provide quarterly data on the worldwide consolidated positions of banks headquartered in reporting countries. They are designed to analyse the exposure of internationally active banks of different nationalities to individual countries and sectors.




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BIS global liquidity indicators at end-December 2019

US dollar credit to non-bank borrowers outside the United States grew by 6% in 2019, to reach $12.2 trillion at end-2019. The annual growth rate of euro-denominated credit outside the euro area slowed to 6%, while that of yen-denominated credit outside Japan turned negative (-1%). In 2019, euro-denominated credit overtook US dollar-denominated credit as the largest stock of foreign currency credit to emerging Europe. The debt securities share in US dollar credit outside the United States has risen considerably over the past decade across a number of major borrowing regions.




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Global liquidity indicators

The term global liquidity is used by the BIS to mean the ease of financing in global financial markets. Credit is among the key indicators of global liquidity, and is the focus of the quarterly indicators estimated by the BIS.




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The Economic Stimulus/Relief-Debt Paradox

Long-term interest rates have remained low despite a surge in the issuance of sovereign debt to mitigate the economic impact of the pandemic.




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Consumer Prices Set to Fall, Mute Inflation?

Inflation pressure could be weak even after consumer demand for non-discretionary goods and services begins to grow as the economy gets back on its feet.




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Conflicting Narratives

At a time of conflicting narratives, a range of markets from equities to energy to gold may persist in volatility until one narrative gains the upper hand.




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Gold Outshines Silver as Economics Widen Price Ratio

Gold and silver prices often move in tandem, but the gap between them widened by 31% January through April in line with a trend that began nine years ago.




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US Policy Responses to Labor Market Distress

A look at support and regenerative policy initiatives by the Federal Reserve and the Government as more than 20 million jobs were lost in April 2020.




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Pandemics Kill Compassion, Too

You may not like who you’re about to become.




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The Pandemic of Fear and Agony

Readers open up about their mental states.




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We Need National Service. Now.

The formative moment for a new generation.




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Fehmi Mehmeti: The Central Bank of the Republic of Kosovo has taken steps to protect the economy from Covid-19 damages

Speech by Mr Fehmi Mehmeti, Governor of the Central Bank of the Republic of Kosovo, at the press conference where the details of the measures taken by the CBK for maintaining health in the economy were given, Pristina, 3 April 2020.




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Isabel Schnabel: The European Central Bank's response to the COVID-19 pandemic

Remarks by Ms Isabel Schnabel, Member of the Executive Board of the European Central Bank, at a 24-Hour Global Webinar co-organised by the SAFE Policy Center on "The COVID-19 Crisis and Its Aftermath: Corporate Governance Implications and Policy Challenges", Frankfurt am Main, 16 April 2020.




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Stephen S Poloz: Release of the Monetary Policy Report

Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, at the press conference following the release of the Monetary Policy Report, Ottawa, Ontario, 15 April 2020.




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Olli Rehn: A globally symmetric crisis calls for a globally coordinated and forceful policy response

Remarks by Mr Olli Rehn, Governor of the Bank of Finland, at the Reinventing Bretton Woods Committee Panel Discussion on "The world economy transformed: Reflections on policy responses and the future post pandemic monetary architecture", in the context of the virtual IMF Spring Meetings, Washington DC, 17 April 2020.




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Philip Lowe: An economic and financial update

Address by Mr Philip Lowe, Governor of the Reserve Bank of Australia, at the Reserve Bank of Australia, Sydney, 21 April 2020.




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Benjamin E Diokno: The Bangko Sentral ng Pilipina's response to the Covid-19 pandemic

Speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at an investor call with Standard Chartered Bank, Manila, 22 April 2020.




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OPP officer who shot and killed charging man cleared

Ontario's police watchdog says an OPP officer didn't break the law when he shot and killed a man running at him with an aluminum bat in November 2019.



  • News/Canada/Ottawa

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City sending in 'park ambassadors' to inform, not to ticket

"Park ambassadors" will soon be on patrol at some of Ottawa's busiest public green spaces to help confused residents navigate the newly loosened COVID-19 restrictions, Mayor Jim Watson announced Friday.



  • News/Canada/Ottawa

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Isolation Museum seeks to capture 'slice in time'

CBC Ottawa is committed to bringing you all the information you need to know about COVID-19 to stay safe. But we also want to make room for all the positive stories. You'll find them here.



  • News/Canada/Ottawa

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Ice dancers Gilles, Poirier headline Canadian world championship team

Ice dancers Piper Gilles and Paul Poirier headline the Canadian team that will compete at this year's world figure skating championships, but Skate Canada is waiting until next month to make a final decision on several of their teammates.



  • Sports/Olympics/Winter Sports/Figure Skating

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Canada's Gilles, Poirier win ice dance silver at ISU Four Continents

Canada's Piper Gilles and Paul Poirier won the silver medal in ice dancing on Friday at the ISU Four Continents figure skating competition in Seoul, South Korea.



  • Sports/Olympics/Winter Sports/Figure Skating

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Olympic Games Replay: Fantastic figure skating from Pyeongchang 2018

As the planet deals with the pandemic and the crisis involving the spread of COVID-19, the world of sport watches and waits alongside the global population. This Saturday, March 21, will be the first of five weeks of programming at CBC Sports which will showcase some of the memorable moments from the most recent editions of the Olympics.



  • Sports/Olympics/Winter Sports/Figure Skating

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Watch Olympic Games Replay: Pyeongchang 2018 Figure Skating

Watch Olympic Games Replay, a look back at some of the most exciting moments in past Games. On this week's edition of the program, watch action from the Pyeongchang 2018 figure skating competitions.



  • Sports/Olympics/Winter Sports/Figure Skating

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Figure skater and composer Eric Radford plays the piano for COVID-19 fundraiser

The World pairs champion and Olympic gold medallist played the piano during a special hosted by fellow Canadian figure skater Kaitlyn Weaver, to raise funds for the United Nation's COVID-19 Solidarity Response Fund.




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Michael Marinaro opens up about losing his grandmother to COVID-19

Figure skater Michael Marinaro gets emotional as he talks about his grandmother who passed away from COVID-19. Marinaro and his partner Kirsten Moore-Towers joined fellow Canadian Kaitlyn Weaver who was hosting a livestream with figure skating legends to raise money for the UN Foundation's COVID-19 Solidarity Response Fund.




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Toronto photographer's iconic shot of Kawhi Leonard's buzzer-beater wins top sports pic

For all the sporting moments Mark Blinch has captured through his lens for nearly two decades, there is only one he has taken the trouble to hang in his home.




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The Michael Jordan Bulls documentary is a great escape

There are better sports documentaries than The Last Dance, but the entertaining series on the Michael Jordan-led Bulls dynasty might be a better fit for this particular time.



  • Sports/Basketball/NBA

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Raptors' Fred VanVleet says public health more important than a big payday

Toronto Raptors guard Fred VanVleet was enjoying the best season of his career, and was set to strike it rich with a lucrative new deal this summer before the coronavirus brought the NBA and global sports to its knees in mid-March.



  • Sports/Basketball/NBA

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NBA plan to reopen practice facilities pushed back to May 8 at the earliest

The NBA has pushed back plans that would allow teams to reopen their practice facilities for at least one week, and cautioned that the new target is far from set in stone.



  • Sports/Basketball/NBA

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International restrictions pose a challenge for resuming pro sports

As the NHL, NBA and MLB consider resuming play, the issue of international travel poses another hurdle for Canadian-based teams.




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Ennis, Pangos among Canadian basketball players weathering pandemic abroad

Canadian basketball players Dylan Ennis and Kevin Pangos, who both play in Liga ACB, opted to stay and weather the COVID-19 pandemic in Spain.




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'We will put in the work': Canadian Marc Eversley announced as Chicago Bulls GM

The Chicago Bulls announced Marc Eversley as their new general manager on Friday, making him the first Canadian GM in NBA history.



  • Sports/Basketball/NBA

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Mavs owner Mark Cuban sees too much risk in reopening practice facilities

The NBA gave its approval for teams to reopen their practice facilities on a limited basis on Friday, but only three teams have confirmed they will. And Dallas Mavericks owner Mark Cuban is in no hurry for his team to join the list.



  • Sports/Basketball/NBA