Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and ...

Learn about how we’re exploring the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC). We’re taking steps to better understand the ...

This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates ...

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

We expect that potential output in Canada will grow by 2.3% and 2.5% in 2023 and 2024, respectively, and average slightly below 1.7% by 2027 as population growth moderates. Relative to the April 2023 ...

This staff analytical note builds on Ens et al. (2021); Ens et al. (2022); and Ens, See and Luu (2023) to assess the health of the Canadian labour market. These earlier works established a more ...

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

Over the years, the Bank of Canada has adjusted the way it sets its key interest rate. Following is a brief history of the key rate from the Bank’s founding in 1935 until the present. The original key ...

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 ...

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 ...

Do you ever wonder why some things are way more expensive than they were when you were a kid? It’s a sign of something important in our economy—inflation. Inflation is a measure of how much prices for ...