Some Explorations, Using Canadian Data, of the S-Variable in Akerlof, Dickens, and Perry (1996) Staff Working Paper 2000-6 Seamus Hogan, Lise Pichette A number of authors have suggested that economies face a long-run inflation-unemployment trade-off due to downward nominal-wage rigidity. This theory has implications for the nature of the short-run Phillips curve when wage inflation is low. Content Type(s): Staff research, Staff working papers Topic(s): Monetary policy framework, Monetary policy transmission JEL Code(s): C, C5, C52, E, E2, E24, E5, E50
May 24, 2017 Collaboration on the regulatory agenda We help manage the benefits and risks of fintech and digital currencies at the international level through our work with the Financial Stability Board, the International Monetary Fund and the Bank for International Settlements.
March 1, 2017 Historical noon and closing rates Download our legacy noon and closing rates data. These rates were last updated 28 April 2017 using the Bank’s old calculation methodology, and will not be updated in future.
May 18, 2016 The Governor's Challenge: Participant guidelines Details on how the challenge is run, expectations for presentations, judging criteria and rules.
September 4, 2015 $20 commemorative polymer note Learn about the unique and shared design elements of the $20 note that celebrates the historic reign of Queen Elizabeth II.
April 7, 2017 Canada 150 commemorative $10 note See, interact with and share the $10 bank note commemorating the 150th anniversary of Confederation.
August 10, 2010 Counterfeit prevention Learn why it’s important to check your notes, and how to deal with suspicious money.
August 26, 2010 1954 series Design changes to this third series of Bank of Canada notes included moving the portrait off centre and to the right, simplifying the line work, and integrating Canada’s coat of arms into the background design.
September 16, 2010 Birds of Canada series The 1986 series featured different Birds of Canada on the back of each denomination. This series was designed with security features to counter the colour photocopiers of that era.
March 21, 2011 Frontiers series Our currency has come a long way. And it’s going even further. The new polymer notes look and feel quite different, but they’re a good change for Canadians. They are highly secure, durable and innovative.