December 15, 2023
Posts
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December 15, 2023
Lessons learned and looking ahead
In his year-end remarks, Governor Tiff Macklem discusses how lessons learned from recent economic volatility are reshaping the way the Bank of Canada conducts economic analysis and communicates with the public. -
December 15, 2023
Bank of Canada announces changes to communications of interest rate decisions
The Bank of Canada today announced changes to its procedures for communicating monetary policy decisions, which will take effect in 2024. -
December 15, 2023
The path to price stability
Governor Tiff Macklem discusses how the economy will continue to adjust to higher interest rates in the year ahead, and outlines what Canadians can expect from the Bank of Canada. -
December 15, 2023
Bank of Canada Media Interview – Globe and Mail
Tiff Macklem, Governor of the Bank of Canada, gave an interview today to David Parkinson and Mark Rendell of the Globe and Mail. -
December 15, 2023
Bank of Canada Media Interview – BNN Bloomberg
Tiff Macklem, Governor of the Bank of Canada, gave an interview today to Amanda Lang of BNN Bloomberg. -
December 12, 2023
Case scenarios about point-of-sale terminals
The following fictional case scenarios provide details about the payment functions: initiation of an electronic funds transfer at the request of an end user; the authorization of an electronic funds transfer; and the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer. -
December 12, 2023
Case scenarios about payment accounting software and invoice payment services
The following fictional case scenarios provide details about the payment functions: provision or maintenance of an account on behalf of an end user; the initiation of an electronic funds transfer at the request of an end user; the provision of clearing and settlement services; as well as examples of incidental activities under the Retail Payment Activities Act. -
December 12, 2023
Case scenarios about merchants and the incidental payment function
The following fictional case scenarios offer examples of providing or maintaining an account payment function as well as examples of incidental activities under the Retail Payment Activities Act. -
December 12, 2023
Case scenarios about merchant or group of merchants instrument exclusion
The following fictional case scenarios illustrate the types of activities exempted under paragraph 6(a) of the Retail Payment Activities Act.