Canada

Canada Pension Has 2008 Loss on Stocks, Currency (Update1) (Bloomberg.com)

22 May 2008

May 22 (Bloomberg) -- The Canada Pension Plan Investment Board reported an investment loss of 0.3 percent for fiscal 2008 as foreign stock markets declined and the Canadian dollar rose, reducing the value of international holdings.

Canada's Bonds Fall on Speculation Inflation to Slow Rate Cuts (Bloomberg.com)

22 May 2008

May 22 (Bloomberg) -- Canada's bonds fell, pushing the two- year's yield to the highest in almost three months, on speculation quickening inflation will prompt the Bank of Canada to slow the pace of its interest-rate cuts.

Canada's Carney Proposes Regulations to Restrain Liquidity (Bloomberg.com)

22 May 2008

May 22 (Bloomberg) -- Bank of Canada Governor Mark Carney said governments may be able to avoid another credit crisis by adopting rules limiting the ability of banks and financial institutions to lend when there's excess confidence in markets.