July 6, 2026 Canadian Survey of Consumer Expectations—Second Quarter of 2026 Results of the second-quarter 2026 survey show that consumers’ near-term inflation expectations remain elevated amid ongoing trade tensions and rising concerns about oil and energy prices linked to the war in the Middle East. The CSCE indicator remains low as consumers still view the economic environment as challenging. High prices and economic uncertainty continue to weigh on household spending plans, particularly among households expecting the war to significantly raise inflation. At the same time, perceptions of the labour market improved modestly as fears of job loss eased, particularly in sectors highly sensitive to trade. Content Type(s): Publications, Canadian Survey of Consumer Expectations
June 26, 2024 CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper Canadian money markets are undergoing a significant change due to the disappearance of Bankers Acceptances (BAs). BAs will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication on June 28, 2024. Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
October 7, 2021 The long and short of it: A balanced vision for the international monetary and financial system Remarks (delivered virtually) Tiff Macklem Council on Foreign Relations Washington, D.C. Governor Tiff Macklem advocates for global coordination to strengthen the international monetary and financial system. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
November 20, 1995 Monetary Policy Report – November 1995 This is the second in a series of semi-annual reports designed to increase the transparency and understanding of Canadian monetary policy. Content Type(s): Publications, Monetary Policy Report
July 6, 2020 A road map to payment systems Paul Miller, Ariel Olivares Your money on the move Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Digital currency, Financial system, Financial stability, Fintech
August 6, 2010 Terms of Use, Disclosures and Disclaimers This website is provided by the Bank of Canada as a service to its users. Users are defined for the purposes of this statement as “You”. Your access to, and use of, this website constitutes your agreement to accept these Terms of Use and Disclaimers.
Calculating Effective Degrees of Freedom for Forecast Combinations and Ensemble Models Staff discussion paper 2022-19 James Younker This paper derives a calculation for the effective degrees of freedom of a forecast combination under a set of general conditions for linear models. Computing effective degrees of freedom shows that the complexity cost of a forecast combination is driven by the parameters in the weighting scheme and the weighted average of parameters in the auxiliary models. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C0, C01, C02, C1, C13, C5, C50, C51, C52, C53 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
Core inflation over the COVID-19 pandemic Staff analytical note 2022-17 Mikael Khan, Elyse Sullivan We assess the usefulness of various measures of core inflation over the COVID-19 pandemic. We find that Cpi-trim and CPI-median provided the best signal of underlying inflation. The favourable performance of these measures stems from their lack of reliance on historical experience, an especially valuable feature in unprecedented times. Content Type(s): Staff research, Staff analytical notes JEL Code(s): C, C1, C18, E, E3, E31 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
November 19, 2008 Governor Carney says the global financial system needs continuously open markets Media Relations London, United Kingdom In order to achieve a full recovery, the global financial system must have continuously open markets at its core, Bank of Canada Governor Mark Carney argued today in a speech to the Canada – United Kingdom Chamber of Commerce. Content Type(s): Press, Press releases
September 29, 2004 Bank of Canada Issues New $20 Bank Notes Media Relations Ottawa, Ontario "The $20 bank note is the most widely used note," said Bank of Canada Governor David Dodge. "It accounts for almost half of all bank notes in circulation, which is why we encourage Canadians to become familiar with its design and security features. Content Type(s): Press, Press releases