Central bankers argue that programmable digital currencies may compromise the uniformity of money. We develop a stylized model to examine this argument and the trade-offs involved in circulating ...

Trade is dominating the news these days. With the barrage of headlines and the talk about protectionism and tariffs, it’s easy to forget that much of our economic growth and prosperity comes from ...

Learn all about the art and security of our bank notes.

Recent policy changes are having a clear impact on the mortgage market. The number of new highly indebted borrowers has fallen, and overall mortgage activity has slowed significantly. Tighter policies ...

Meeting monetary policy objectives. In response to the global financial crisis and the recession, the Bank of Canada lowered the target interest rate rapidly over the course of 2008 and early 2009 to ...

Learn about the Bank’s role in overseeing financial market infrastructure (FMIs), its oversight responsibilities and powers under Canada’s Payment Clearing and Settlement Act, and which FMIs are ...

Metadata and background information. Bank Rate. Source: Bank of Canada, Data and Statistics Office. From November 1, 1956 to June 24, 1962 the Bank Rate was 1/4 of 1% above the weekly average tender ...

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 ...

Quarter-end, Millions of dollars CANSIM 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1; Newfoundland and Labrador: V52354232: 64: 65: 66: 83: 60: Prince Edward Island: V52354268 ...

Details of unmatured outstanding issues for global bonds and domestic marketable bonds, as at month-end.

This section features training materials to help employees of financial institutions learn about Canadian bank notes. These tools will help front-line tellers and high-volume cash handlers in back ...

We conduct a randomized information experiment leveraging the Canadian Survey of Consumer Expectations. We provide causal evidence that respondents revise both their short- and medium-term ...