A summary of monetary policy deliberations by the Governing Council for the policy decision that was announced two weeks ...

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

The Bank of Canada uses loan-level data to assess household vulnerabilities related to the housing market. Since 2017, Bank staff have used a dataset from the Office of the Superintendent of Financial ...

Results from the CSCE show that consumer sentiment improved this quarter, mainly due to recent interest rate cuts and the ...

Results from the Business Outlook Survey and the Business Leaders’ Pulse show that overall business conditions remain subdued ...

How often does the cashier just hand over the debit machine when you pay for your morning coffee? Some even seem surprised if you give them cash. Last year in Canada, people used cash for only 1 in 3 ...

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 ...

The stability of the Canadian financial system, as well as its ability to support the Canadian economy, depends on the ability of financial institutions to absorb and manage major shocks. This is ...

The Bank of Canada (the “Bank”), as issuer of Canadian bank notes, offers a service for the redemption, in appropriate cases, of claims for Canadian bank notes that have become contaminated or ...

Since the 2007–09 global financial crisis, the total value of Canadian provincial bonds outstanding has more than doubled (Chart 1). At the end of the second quarter of 2018, provincial bonds made up ...

The Governor’s Challenge is an annual university outreach program organized and sponsored by the Bank of Canada and designed to bring real-world economics into the undergraduate classroom. The ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.