01761cas a2200241 a 4500 AALejournalIMF014189 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616355999 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Canada : Selected Issues. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (35 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper looks at the factors behind the accumulation of cash positions by Canadian nonfinancial corporations. Focusing only on listed firms and running a model of changes in cash holdings suggest that greater macroeconomic and business uncertainty may have induced firms to raise the cash buffer at their disposal over the last decade. This is especially the case for firms in the energy and mining sector, which account for the majority of cash accumulation in the sample used in current analysis. The analysis also shows that firms' high cash balances are typically associated with higher levels of capital expenditure, which bodes well for the acceleration of business investment in the near future. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/028 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/028/002.2014.issue-028-en.xml IMF e-Library