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3046 Results

The Regulation of Central Securities Depositories and the Linkages between CSDs and Large-Value Payment Systems

Technical Report No. 87 Charles Freedman
This paper first describes the Bank of Canada's approach to the design of large-value clearing and settlement systems. It then examines the way the Bank has operated under the Payment Clearing and Settlement Act, passed by Parliament in July 1996.
Content Type(s): Staff research, Technical reports Research Topic(s): Payment clearing and settlement systems JEL Code(s): G, G2, G20
September 19, 2024

Monetary policy decision-making: Behind the scenes

Remarks Nicolas Vincent Sherbrooke Chamber of Commerce and Industry Sherbrooke, Quebec
External Deputy Governor Nicolas Vincent gives a behind the scenes look at the rigorous research, analysis and debate that go into every monetary policy decision.
January 19, 2026

Canadian Survey of Consumer Expectations—Fourth Quarter of 2025

Results of the fourth-quarter 2025 survey show that concerns over high prices and economic uncertainty related to the trade conflict continue to have a negative impact on consumers. As a result, even though labour market conditions improved somewhat, the CSCE indicator declined slightly. Expectations for near-term inflation remain higher than they were before the pandemic, while those for long-term inflation eased below pre-pandemic levels.
May 30, 2024

Laying bare the evolution of payments in Canada

Remarks Ron Morrow Payments Canada SUMMIT Toronto, Ontario
Ron Morrow, Executive Director of Payments, Supervision and Oversight, talks about the evolution of payments in Canada, as well as the Bank’s new supervisory role for payment service providers.
November 17, 2016

Reinventing the Role of Central Banks in Financial Stability

Central banks contribute importantly to the promotion of financial stability given their sys-tem-wide macro-financial perspective and existing roles as lender of last resort and overseer of systemic payment systems. Since the global financial crisis, the financial system role of central banks has expanded to place more emphasis on the prevention of financial stress and crises. Central banks work with other responsible authorities to enhance financial system resilience and to assess and mitigate financial vulnerabilities and systemic risk.

The NAIRU in Canada: Concepts, Determinants and Estimates

Technical Report No. 50 David Rose
An important question that faces macroeconomic policy makers is whether the economy can absorb increases in aggregate demand without generating inflationary pressures. Many economists have found it useful to approach this issue by asking whether the economy is operating at a rate of unemployment consistent with inflation neither accelerating nor decelerating, all else being equal. […]
Content Type(s): Staff research, Technical reports Research Topic(s): Labour markets JEL Code(s): E, E2, E24
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