We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use ...

Taking action From the start of the global credit crisis in August of 2007, the Bank of Canada responded to the challenges facing the Canadian financial system. To promote liquidity in the markets, ...

Trade makes the pie bigger For decades, as trade among countries has grown, so has the world’s wealth. Here in Canada, roughly 1 in 6 jobs is linked to exports. Economists estimate that incomes in ...

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

The following fictional case scenarios provide examples of payment functions that are, and are not, incidental to a marketplace. These include the provision and maintenance of an account; the holding ...

Potential benefits Currently, fiat-referenced cryptoassets play a prominent role as the medium of exchange and store of value on many large centralized crypto exchanges as well as on decentralized ...

We outline possible system architectures for an online retail central bank digital currency (CBDC) and identify one well-suited for basic payments. We analyze OpenCBDC 2PC, a representative system, ...

Key messages To estimate the potential impact a central bank digital currency (CBDC) could have on bank liquidity, we use pre-pandemic data (January 2020) to perform a hypothetical exercise under four ...

Under its Standing Liquidity Facility (SLF), the Bank of Canada is prepared to provide liquidity on a daily basis to financial institutions that participate directly in the payments systems operated ...

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

On May 6, 2023, the Government of Canada announced that the next $20 bank note will continue to feature a portrait of the reigning monarch, King Charles III. Learn what we know so far, and what’s next ...

OTTAWA – On Wednesday, December 11, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. Time ...