Securitisation In the light of the lessons learnt from the global crisis the securitisation guidelines have been extensively redesigned to dissuade the “originate to distribute” model and to build the “skin in the game” by prescribing Minimum Holding Period (MHP) prior to securitisation and Minimum Retention Requirement (MRR) after securitisation.
2018-2 (January 2018); and J. Lachaine, “Applying the Wage-Common to the Provinces,” Bank of Canada Staff Analytical Note No. 2018-16 (May 2018). -5Historically, wage growth accelerates only after a large and sustained period of excess demand, often with a de-anchoring of inflation expectations. We are not expecting such a situation to develop.