Taking action From the start of the global credit crisis in August of 2007, the Bank of Canada responded to the challenges facing the Canadian financial system. To promote liquidity in the markets, ...

Trade makes the pie bigger For decades, as trade among countries has grown, so has the world’s wealth. Here in Canada, roughly 1 in 6 jobs is linked to exports. Economists estimate that incomes in ...

The situation is by no means unique to Canada—several other countries have observed similar trends. So, does this mean that Canadians are giving up on cash? The short answer is no. Canadians still ...

The Bank's responsibilities under the Payment Clearing and Settlement Act Since 1996, Canada’s Payment Clearing and Settlement Act (PCSA) has conferred on the Bank of Canada specific responsibilities ...

The size and persistence of flows since 2009 are large by historical standards. Chart 2 reports annual flows since 1991, showing that the flows before the crisis were much smaller, even during the mid ...

What we do The Canadian Fixed-Income Forum (Forum) is a senior level industry-wide committee established by the Bank of Canada to discuss developments in fixed-income market structure and functioning, ...

Source: Bank of Canada, Office of the Superintendent of Financial Institutions (OSFI) Federally-regulated credit unions and subsidiaries of non-bank financial institutions are excluded from the ...

Stress testing bond funds We want to assess how a rapid increase in interest rates caused by economic or financial conditions outside of Canada could affect bond funds. This is one of the key risks to ...

View data from the Canadian Survey of Consumer Expectations (CSCE)—a quarterly survey aimed at measuring household views of inflation, the labour market and household finances.

Our paper contributes to the discussion about the utility of stablecoins for retail payments through an objective, evidence-based approach that compares stablecoins with traditional retail payment ...

Central bankers argue that programmable digital currencies may compromise the uniformity of money. We explore this in a stylized model where programmable money arises endogenously, and differently ...

Since issuing its first series of bank notes in 1935, the Bank of Canada has issued four commemorative bank notes. Each commemorative note marks an important milestone for the reigning monarch or a ...