February 21, 2024
Posts
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How Do Agents Form Macroeconomic Expectations? Evidence from Inflation Uncertainty
The uncertainty regarding inflation that is observed in density forecasts of households and professionals helps macroeconomists understand the formation mechanism of inflation expectations. Shocks to inflation take time to be perceived by all agents in the economy, and such rigidity is lower in a high-inflation environment. -
February 14, 2024
Start date for the morning auction of Receiver General cash balances
The Bank of Canada (the “Bank”), in its role as fiscal agent for the Government of Canada, previously announced the government’s intention to reintroduce morning auctions of Receiver General (RG) cash balances. Today, the Bank is announcing that RG auctions will commence on February 21st, 2024, and be conducted daily at 9:15 am. -
February 14, 2024
Panel participation by Rhys R. Mendes, Deputy Governor of the Bank of Canada
On Wednesday, February 14, 2024, Rhys R. Mendes, Deputy Governor of the Bank of Canada, will participate in a panel discussion at the Lazaridis School of Business & Economics at Wilfrid Laurier University. -
February 14, 2024
Amendments to registration applications
This supervisory policy explains how applicants should proceed when making changes to the information they provided as part of their application to become a registered payment service provider. -
February 14, 2024
Reporting of retail payment activity metrics at registration
This supervisory policy outlines the retail payment activity metrics that payment service providers must report at registration. -
February 14, 2024
How to complete a registration application: A step-by-step guide
This supervisory policy aims to help applicants gather the information and documents they need to complete the application form during the initial 15-day registration phase. -
February 12, 2024
Reconciliation Action Plan
The Bank’s Reconciliation Action Plan will guide the Bank as it continues its Reconciliation journey. In line with our mandate, the draft action plan outlines two interconnected pathways to help us build an equitable and inclusive organizational culture and deepen our understanding of the Indigenous economy. -
February 8, 2024
Webpage for Government of Canada purchases of Canada Mortgage Bonds
The Bank of Canada is today launching a new webpage with details on the Government of Canada’s purchases of Canada Mortgage Bonds (CMBs). -
Central Bank Digital Currency and Banking Choices
To what extent does a central bank digital currency (CBDC) compete with bank deposits? To answer this question, we develop and estimate a structural model where each household chooses which financial institution to deposit their digital money with.