Uncategorized

• May 8, 2023

  Bank of Canada Media Interview – La Presse

  Paul Beaudry, Deputy Governor of the Bank of Canada, gave an interview to Hélène Baril of La Presse on the launch of a public consultation on a potential digital dollar.

  Content Type(s): Press, Media advisories
• May 8, 2023

  Bank of Canada Media Interview – CBC News

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Peter Armstrong of CBC News on the public consultations on a potential digital dollar.

  Content Type(s): Press, Media advisories
• May 8, 2023

  Backgrounder on removing the past sales growth question from the Business Outlook Survey

  In the first quarter of 2023, Bank staff removed the question on past sales growth from the BOS questionnaire. This backgrounder outlines the reasons for the change and discusses its implications.

  Content Type(s): Background materials
• May 8, 2023

  CBC News

  

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada
  Interview with CBC News

  Content Type(s): Press, Media activities
• May 8, 2023

  La Presse

  

  Paul Beaudry, Deputy Governor of the Bank of Canada
  Interview with La Presse

  Content Type(s): Press, Media activities
• May 8, 2023

  Bank of Canada launches public consultations on a digital dollar

  Media Relations Ottawa, Ontario

  The Bank of Canada is launching an online public consultation on the features that could be included in a digital Canadian dollar.

  Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
• May 4, 2023

  Getting inflation back to 2%

  Speech summary Tiff Macklem Toronto Region Board of Trade Toronto, Ontario

  Governor Tiff Macklem explains that higher interest rates are working to slow inflation but warns that getting all the way back to the 2% target may take time. He also discusses the recent stress in the global banking sector and how financial stability and price stability work together.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Expectations, Financial institutions, Financial stability, Financial system regulation and policies, Inflation and prices, Inflation targets, International financial markets, Monetary policy, Price stability, Service sector
• May 4, 2023

  Bank of Canada Media Interview – CBC Radio

  Tiff Macklem, Governor of the Bank of Canada, was interviewed on CBC’s radio show As It Happens. The program airs tonight at 18:30 (Eastern Time).

  Content Type(s): Press, Media advisories

• How Banks Create Gridlock to Save Liquidity in Canada's Large Value Payment System

  Staff Working Paper 2023-26 Rodney J. Garratt, Zhentong Lu, Phoebe Tian

  We show how participants in Canada’s new high-value payment system save liquidity by exploiting the new gridlock resolution arrangement. The findings have important implications for the design of these systems and shed light on financial institutions’ liquidity preference.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial institutions, Payment clearing and settlement systems JEL Code(s): E, E4, E42, E5, E58, G, G2, G21
• May 4, 2023

  Fireside Chat with Tiff Macklem, Governor of the Bank of Canada

  On Thursday, May 4, 2023, Tiff Macklem, Governor of the Bank of Canada, will speak before the Toronto Region Board of Trade.

  Content Type(s): Press, Media advisories