Using data from Canada and the United States, we quantify consumers' net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in Canada and the United States. …

We study the role of intermediaries (brokers) in the Canadian mortgage market. In this market, consumers can search for … mortgage demand to disentangle two explanations for why borrowers wind up with these riskier mortgage products: (i) brokers …

individual customer and multiple firms repeatedly. Using contractlevel data for the Canadian mortgage market, we provide evidence …

negotiation process. The mortgage industry has many institutional features which suggest competitiveness: homogeneous contracts …

-arbitrage conditions on trades in the market. For Canada we show that while the market is fairly efficient, some degree of inefficiency … persists throughout our sample. The level of inefficiency matches distinct phases of both the Bank of Canada's operations as …

-arbitrage conditions on trades in the market. For Canada we show that while the market is fairly efficient, some degree of inefficiency … persists throughout our sample. The level of inefficiency matches distinct phases of both the Bank of Canada's operations as …

document discusses the organization of the repurchase-agreement (repo) market in Canada. We define the repo contract, the … trading practices in Canada, risks in the repo market and repo regulation. A repo is a financial contract that resembles a …

. The paper discusses the organization of the securities lending market in Canada. We outline key characteristics of …

This paper discusses how the bankers' acceptance (BA) market in Canada is organized and its essential link to the … Canada, BAs provide a key source of funding for small and medium-sized corporate borrowers that may not otherwise have direct … issued by non-government entities and are the second-largest money market instrument overall in Canada, averaging just over …