Assessing insolvency dynamics is essential for evaluating the financial health of non-financial corporations and mitigating macroeconomic and financial stability risks. This study leverages a newly ...

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 ...

Our paper employs smartphone data to construct an improved cash access metric by accounting for both spatial agglomeration and households’ travel patterns. We find that incorporating trip-chaining ...

We develop statistical inferences for a non-probability two-phase survey sample when relevant auxiliary information is available from a probability survey sample. To reduce selection bias and gain ...

US trade protectionism is making the economic outlook increasingly uncertain. To assess how consumer prices may respond to ...

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 ...

This is a list of people who have served in the senior-most positions at the Bank of Canada since 1934. Canada’s central bank is led by a Governing Council – the Governor, the Senior Deputy Governor ...

Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).

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 ...

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 ...