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 ...

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 ...

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

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at ...

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

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 ...