Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
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 ...
Viola Desmond remains an icon of the human rights and freedoms movement in Canada. A successful Nova Scotia businesswoman, she defiantly refused to leave a whites-only area of a movie theatre in 1946 ...
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 ...
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 ...
A Government of Canada (GoC) security can be borrowed in exchange for a cash loan. To understand what influences borrowing costs for GoC securities, let’s consider the apartment rental market for ...
Data include purchases and refinancing originated by federally regulated financial institutions. Mortgages with a loan-to-value ratio greater than 80% must be insured. Mortgages with a loan-to-value ...
The Collateral Infrastructure and Market Practices Advisory Group (CIMPA) is an industry-wide working group created under CFIF to promote the well-functioning of the Canadian securities and financing ...
Before the Great Depression of the 1930s, the scattered and mainly rural population of Canada didn’t need a central bank. At that time, a small number of banks established branches in multiple ...
Checking bank notes protects everyone, so don’t be offended if a cashier carefully examines your bills. Routinely checking the security features of all notes – large and small – allows cashiers to ...
Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.