News

• May 30, 2024

  Future-proofing our payments systems

  Speech summary Ron Morrow Payments Canada SUMMIT Toronto, Ontario

  Executive Director of Payments, Supervision and Oversight Ron Morrow talks about how payments have evolved in Canada and why it’s important to modernize our payment infrastructure.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Bank notes, Digital currencies and fintech, Payment clearing and settlement systems, Retail payments supervision
• May 21, 2024

  Bank of Canada Museum announces 2024 recipients of its Award for Excellence in Teaching Economics

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is honouring two outstanding educators for their exceptional work teaching students about the economy.

  Content Type(s): Press, Press releases
• May 9, 2024

  Release of the Financial Stability Report

  Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario

  Press conference following the release of the Financial Stability Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Asset pricing, Credit risk management, Financial institutions, Financial markets, Financial services, Financial stability, Financial system regulation and policies, Housing, Interest rates, Recent economic and financial developments
• May 9, 2024

  Financial Stability Report—2024

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent

  Canada’s financial system remains resilient. Over the past year, households, businesses, banks and non-bank financial institutions have continued to proactively adjust to higher interest rates. But this adjustment is not yet over and continues to present risks to financial stability. Key risks include those related to debt serviceability and asset valuations.

  Content Type(s): Publications, Financial Stability Report
• May 6, 2024

  Bank of Canada updates progress on new $20 note

  Media Relations Ottawa, Ontario

  On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

  Content Type(s): Press, Press releases
• May 3, 2024

  The Bank of Canada releases its 2023 Annual Report and Report on Climate Risks

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2023 was tabled in the House of Commons yesterday. The Bank of Canada also released its second annual report outlining the risks that climate change poses to its mandate and operations.

  Content Type(s): Press, Press releases
• May 2, 2024

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 1, 2024

  Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy

  Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements