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

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

Overview and current state of the labour market Overview This staff analytical note builds on Ens et al. (2021); Ens et al. (2022); Ens, See and Luu (2023); and Ens et al. (2024) to assess the health ...

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, ...

On June 18, 2025, Governor Tiff Macklem takes questions from reporters after delivering a speech before the St. John’s Board of Trade.

The Bank of Canada is the nation’s central bank. We are not a commercial bank and do not offer banking services to the public. Rather, we have responsibilities for Canada’s monetary policy, bank notes ...

OTTAWA – On Wednesday, June 18, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak before the St. John’s Board of Trade. Topic Tariffs, trade, employment and inflation Time 11:30 (Eastern ...

United States After reaching 2.7% in 2024, potential output growth slows from 2025 to 2028 due to declining trend population growth. Stricter immigration policies and increased deportations reduce ...

OTTAWA – On Tuesday, June 17, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on June 4, 2025. Topic Summary of deliberations ...

Who pays a tariff A tariff is paid by the company or individual who imports a good. Often, some of the extra costs from a tariff are passed along to consumers in the form of higher prices, but ...

Since issuing its first series of bank notes in 1935, the Bank of Canada has issued four commemorative bank notes. Each commemorative note marks an important milestone for the reigning monarch or a ...