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 ...
Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...
The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...
In 2014, the Bank of Canada reviewed the process it used to select, develop and design the visual content for the Frontiers series bank notes. This work resulted in the development of set of ...
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 ...
Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.
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 ...
We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way. We rely on our financial system whenever we take out a loan for a ...
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 ...
You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too. Your wages affect both your standard of living and the bottom line of the company you work for.
Evan W. Siddall 2011 – 2013 Fort Reliance Co. / Irving Oil Ltd.
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