Central bankers argue that programmable digital currencies may compromise the uniformity of money. We develop a stylized model to examine this argument and the trade-offs involved in circulating ...

We develop statistical inferences for a non-probability two-phase survey sample when relevant auxiliary information is available from a probability survey sample. The proposed method is assessed by ...

Our paper employs smartphone data to construct an improved cash access metric by accounting for both spatial agglomeration and households’ travel patterns. We find that incorporating trip-chaining ...

US trade protectionism is making the economic outlook increasingly uncertain. To assess how consumer prices may respond to ...

Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He ...

Governor Tiff Macklem discusses how the trade conflict with the United States has affected the Canadian economy. He explains ...

Surveying Canadians. Now on to another important tool: surveys. Like other central banks, the Bank conducts a number of surveys with the financial sector.1 The results provide us with information on ...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy announcement. Today, Governing Council maintained the policy interest rate at 2.75%.

Good morning. Senior Deputy Governor Carolyn Rogers and I are pleased to be here to discuss the Bank of Canada’s Financial Stability Report (FSR).. Each year, the Bank assesses the stability of Canada ...

Results of the First-quarter 2025 survey conducted from March 13 to 20, 2025. The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

Business conditions have deteriorated due to the trade conflict with the United States, according to results from the Business Outlook Survey and the Business Leaders’ Pulse. Sales outlooks have ...