We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use ...

Readability formulas At its broadest, the concept of readability includes not just the written text itself but also aspects such as the layout, visual elements and context. For example, the Bank’s web ...

Box 1: A new overlapping generations model We introduce a new overlapping generations (OLG) model this year for estimating the US neutral rate. The model is largely based on the one Kuncl and Matveev ...

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

Cryptoassets that reference a national currency (commonly known as stablecoins) aim to peg their value to the reference currency and typically use a reserve of traditional financial assets to maintain ...

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, ...

Could Canadian banks continue to meet their regulatory liquidity requirements after the introduction of a cash-like retail central bank digital currency (CBDC)? We conduct a hypothetical exercise to ...

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

On Wednesday, December 11, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

ToTEM III is the most recent generation of the Bank of Canada’s main dynamic stochastic general equilibrium model for projection and policy analysis. The model helps Bank staff tell clear and coherent ...

Tariffs, trade, employment and inflation — Governor Tiff Macklem speaks before the St. John’s Board of Trade. (11:30 (ET) approx.).

Tariff uncertainty and monetary policy — Governor Tiff Macklem speaks before Calgary Economic Development (13:05 (ET) approx.).