We simulate the impact of a central bank digital currency (CBDC) on consumer adoption, merchant acceptance and use of ...

We draw on the Canadian experience to examine how monetary and macroprudential policies interact and possibly complement each other in achieving their respective price and financial stability ...

The new $5 note will enter circulation only after the issuance of the next $20 note in early 2027. In the meantime, our ...

Governor Tiff Macklem reflects on the lessons learned from the pandemic and its aftermath and outlines how the Bank is ...

In his year-end remarks, Governor Tiff Macklem discusses what the Bank of Canada learned from the pandemic experience and ...

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy ...

We investigate the macroeconomic impacts of mothballed businesses—those that closed temporarily—on sectoral equilibrium prices after a negative demand shock. Our results suggest that pandemic fiscal ...