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 ...

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 ...

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 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 ...

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 ...

Statement by Mark Carney, Governor of the Bank of Canada to the Standing Senate Committee on Banking, Trade and Commerce Mr. Chairman, the sharp movement and wide swings in interest rate spreads that ...

The Bank of Canada’s exceptional policy actions during the COVID-19 pandemic provided important support for the economy during the unprecedented shock, says a review published today.

We find that individuals who require help performing banking tasks or who are reluctant to adopt technology avoid digital ...

The COVID‑19 crisis was a once-in-a-lifetime shock that had profound impacts on Canadians and the economy. The extreme uncertainty caused by the crisis led to unprecedented disruptions in financial ...