Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and ...
Learn about how we’re exploring the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC). We’re taking steps to better understand the ...
We expect that potential output in Canada will grow by 2.3% and 2.5% in 2023 and 2024, respectively, and average slightly below 1.7% by 2027 as population growth moderates. Relative to the April 2023 ...
The Collateral Infrastructure and Market Practices Advisory Group (CIMPA) is an industry-wide working group created under CFIF to promote the well-functioning of the Canadian securities and financing ...
Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.
House price expectations play an important role in observed housing market dynamics. This note adds to a growing literature aimed at better understanding how expectations of future changes in house ...
You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too. Your wages affect both your standard of living and the bottom line of the company you work for.
Checking bank notes protects everyone, so don’t be offended if a cashier carefully examines your bills. Routinely checking the security features of all notes – large and small – allows cashiers to ...
Before the Great Depression of the 1930s, the scattered and mainly rural population of Canada didn’t need a central bank. At that time, a small number of banks established branches in multiple ...
Readability refers to how easy it is to read and understand a piece of text. In this note, I examine the readability of Bank of Canada publications for the years 2015–17, using a common metric for ...
The Bank’s aggregate amount of securities sold under repurchase agreement and holdings of Government of Canada bonds and treasury bill are updated every Friday on the Bank’s weekly balance sheet. The ...
This note assesses the provision of bond market liquidity by institutional customers (i.e., pension funds, hedge funds, mutual funds and insurance companies) in Canada. Customer liquidity provision ...