Trading flows affect Government of Canada bond prices. Our estimates suggest a sale of 1% of the available supply of bonds ...

We share insights about non-bank financial intermediation in Canada in 2023. These data were collected as part of the Bank of ...

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 ...

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 ...

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 ...

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

We develop supervisory policies and guidelines to help payment service providers (PSPs) understand their obligations and how we will supervise them under the Retail Payment Activities Act (RPAA) and ...

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 ...

To check whether Canadian dollar exposures have changed over time, we use exactly the same model as in Verdelhan (2015), but we estimate using five years of data, starting in 1983 and rolling this ...

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 ...

Mortgage Loan-to-Income Ratios High levels of indebtedness have spread through Toronto, Vancouver and Calgary A key vulnerability in the December 2016 Financial System Review is that of elevated ...