April 24, 2023 The Bank of Canada releases its Annual Report for 2022 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2022 was tabled in the House of Commons today. Content Type(s): Press, Press releases
April 24, 2023 Bank of Canada Disclosure of Climate-Related Risks 2022 This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. Content Type(s): Publications, Disclosure of Climate-Related Risks
From LVTS to Lynx: Quantitative Assessment of Payment System Transition Staff Working Paper 2023-24 Ajit Desai, Zhentong Lu, Hiru Rodrigo, Jacob Sharples, Phoebe Tian, Nellie Zhang We quantitatively assess the changes in participants’ payment behaviour from modernizing Canada's high-value payments system to Lynx. Our analysis suggests that Lynx's liquidity-saving mechanism encourages liquidity pooling and early payments submission, resulting in improved efficiency for participants but with slightly increased payment delays. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): C, C1, C10, E, E4, E42, G, G2, G28
April 18, 2023 Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada On Tuesday, April 18, 2023, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers. Content Type(s): Press, Media advisories
November 29, 2023 What we heard: Bank of Canada publishes report on digital dollar consultations, outlines further engagement plans Media Relations Ottawa, Ontario The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar. Content Type(s): Press, Press releases
November 28, 2023 Moving money with confidence: Canada’s new regime for retail payments supervision Remarks Ron Morrow Central 1 Momentum Summit Vancouver, British Columbia Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Retail payments supervision
November 27, 2023 Bank of Canada announces finalists for the ninth annual Governor’s Challenge The Bank of Canada has announced the five finalist teams in the 2023–24 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Announcements Source(s): The Governor's Challenge
November 16, 2023 CARR publishes recommended conventions for Term CORRA swaps Today, the Canadian Alternative Reference Rate working group (CARR) published two recommended conventions for interest rate swaps referencing Term CORRA. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
November 8, 2023 Release of the Bank of Canada’s summary of deliberations On Wednesday, November 8, 2023, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on October 25, 2023. Content Type(s): Press, Media advisories