Posts
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June 16, 2022
RPAC Meeting (June 16, 2022)
Topics: Demonstration of self-assessment questionnaire and web portal -
Cash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin Owners
We estimate the effect that owning Bitcoin has on the amount of cash held by Canadian consumers. Our results question the view that adopting certain new technologies, such as Bitcoin, leads to a decline in cash holdings. -
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June 14, 2022
CARR extends Term CORRA consultation deadline to 30 June
Reflecting a number of requests for additional time to respond to CARR’s Term CORRA consultation, CARR will now accept comments until June 30, 2022. -
June 14, 2022
The Bank of Canada Museum announces recipients of new Award for Excellence in Teaching Economics
The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy. -
June 9, 2022
Government of Canada Cancels Ultra-Long Bond Issuance
The Government of Canada has decided to cancel the issuance of its 1 December 2064 bond. As such, the previously announced auction on 16 June 2022 is suspended. -
June 9, 2022
Release of the Financial System Review
Press conference following the release of the Financial System Review. -
June 9, 2022
Financial System Review—2022
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market. -
Settlement Balances Deconstructed
Because of the COVID-19 pandemic, public interest in the Bank’s balance sheet and, more specifically, the size of settlement balances, has grown. This paper deconstructs the concept of settlement balances and provides some context on their history, current state and possible future evolution.