Posts

• PayTech and the D(ata) N(etwork) A(ctivities) of BigTech Platforms

  Staff Working Paper 2022-35 Jonathan Chiu, Thorsten Koeppl

  Why do BigTech platforms introduce payment services? We explore this using a model in which a monopoly platform faces a trade-off between the costs associated with privacy concerns and the revenue from data services. We then analyze the feedback effects between data and payments.

  Content Type(s): Staff research, Staff working papers Topic(s): Digital currencies and fintech, Payment clearing and settlement systems JEL Code(s): D, D8, E, E4, E42, L, L1
• August 3, 2022

  CARR publishes recommended fallback language for CDOR-based loans

  The Canadian Alternative Reference Rate working group (CARR) today published recommended fallback language for new and existing loan agreements where the interest rate benchmark is the Canadian Dollar Offered Rate (CDOR).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• July 31, 2022

  Research Update - July 2022

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• July 29, 2022

  CFEC Releases Results of April 2022 Foreign Exchange Volume Survey

  The Canadian Foreign Exchange Committee (CFEC) released today the results of its April 2022 semi-annual survey of foreign exchange volumes in Canada.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
• July 28, 2022

  Understanding seigniorage

  At the Bank of Canada, we cover the cost of day-to-day business with “seigniorage,” which means earning money from issuing bank notes.

  Content Type(s): Explainers Topic(s): Bank notes

• Income Inequality in Canada

  Staff Discussion Paper 2022-16 Sarah Burkinshaw, Yaz Terajima, Carolyn A. Wilkins

  Data show that income inequality in Canada increased substantially during the 1980s and first half of the 1990s but has been relatively stable over the past 25 years. This increase was felt mainly by low-income earners and younger people, while older people benefited from higher retirement income.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Central bank research, Labour markets, Monetary and financial indicators JEL Code(s): D, D3, D31, D6, D63, I, I2, I24, I3, I32, J, J3, J31, J32, N, N3, N32
• July 26, 2022

  Bank of Canada publishes 2023 schedule for interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report.

  Content Type(s): Press, Press releases
• July 25, 2022

  CARR Meeting (July 25, 2022)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group

• How Do People View Price and Wage Inflation?

  Staff Working Paper 2022-34 Monica Jain, Olena Kostyshyna, Xu Zhang

  This paper examines household-level data from the Canadian Survey of Consumer Expectations (CSCE) to understand households’ expectations about price and wage inflation, how those expectations link to views about labour market conditions and the subsequent impact on households’ outlook for real spending growth.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Monetary policy communications JEL Code(s): C, C8, C83, D, D8, D84, E, E2, E21, E24, E3, E31
• July 20, 2022

  TVA Nouvelles

  

  Tiff Macklem, Governor of the Bank of Canada
  Interview with TVA Nouvelles

  Content Type(s): Press, Media activities