A Uniform Currency in a Cashless Economy Staff Analytical Note 2020-7 Walter Engert, Ben Fung A number of questions can arise when considering the implications of a cashless society. This note considers whether cash is necessary for a uniform currency. Content Type(s): Staff research, Staff analytical notes Topic(s): Bank notes, Digital currencies and fintech, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5
May 6, 2020 Annual Report 2019 The Annual Report outlines the Bank’s activities and achievements in 2019. It includes the financial statements and a message from Governor Stephen S. Poloz. Content Type(s): Publications, Annual Report
IMPACT: The Bank of Canada’s International Model for Projecting Activity Technical Report No. 116 Patrick Blagrave, Claudia Godbout, Justin-Damien Guénette, René Lalonde, Nikita Perevalov We present the structure and features of the International Model for Projecting Activity (IMPACT), a global semi-structural model used to conduct projections and policy analysis at the Bank of Canada. Major blocks of the model are developed based on the rational error correction framework of Kozicki and Tinsley (1999), which allows the model to strike a balance between theoretical structure and empirical performance. Content Type(s): Staff research, Technical reports Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Economic models, International topics JEL Code(s): C, C6, C68, E, E2, E27, E3, E37, F, F0, F01, F3, F32, F4, F47
February 25, 2020 Exploring new ways to pay Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Cryptoassets, Cryptocurrencies, Digital currencies and fintech
April 15, 2020 Bank of Canada announces increase in the amount of Government of Canada treasury bills it acquires at auction The Bank of Canada announced today that, to support continued liquidity and efficient functioning of the federal government’s treasury bill program, it is temporarily increasing the amount of treasury bills it acquires at auctions to up to 40 per cent, effective immediately. Content Type(s): Press, Market notices
April 9, 2020 Addition of One Government Securities Distributor for Government of Canada Securities The Bank of Canada, on behalf of the Government of Canada, announces the addition of one new Government Securities Distributor for Government of Canada marketable bonds and treasury bills. Content Type(s): Press, Market notices
April 9, 2020 Bank of Canada announces changes to eligibility requirements of Term ABS in the Bank of Canada’s Standing Liquidity Facility Collateral Policy The Bank of Canada continually reviews its collateral policy for the Standing Liquidity Facility (SLF) and its term repo operations. Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility
April 9, 2020 Temporary changes to the Government of Canada securities auction The Bank of Canada today announced temporary changes to standard terms for auctions of Government of Canada securities to support the liquidity and well-functioning of financial markets. Content Type(s): Press, Market notices
July 19, 2010 Economic Research at the Bank of Canada, 1935-65 A retrospective of economic research at the Bank of Canada from 1935 to 1965. Content Type(s): Publications, Books and monographs
April 6, 2020 Results of today’s Provincial Money Market Purchase program As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $188.8 million of provincial treasury bills and/or promissory notes. Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program