Indigenous businesses make a valuable contribution to Canada’s economy, but we still have much to learn about what makes them ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
Rhys Mendes, Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show Island Morning. Please visit https://www.cbc.ca/listen/live-radio/1-30-island-morning for more information.
In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation ...
Derivatives exchanges often determine collateral requirements, which are fundamental to market safety, with dated risk models assuming normal returns. However, derivatives returns are heavy-tailed, ...
Deputy Governor Rhys Mendes discusses how monetary policy worked to bring inflation back down to target and why the Bank ...
We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...
Trade is dominating the news these days. With the barrage of headlines and the talk about protectionism and tariffs, it’s easy to forget that much of our economic growth and prosperity comes from ...
As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends. Every four years, we reach out to Canadians to ask them how they pay for things.
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 ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
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 ...