January 26, 2022 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
May 20, 2003 Updating the Bank of Canada Commodity Price Index Bank of Canada Review - Spring 2003 Todd Hirsch The Bank of Canada Commodity Price Index (BCPI) summarizes the price movements of 23 commodities produced in Canada. Information provided by the BCPI is used in analyzing movements in GDP, industrial producer prices, inflation, and the exchange rate. Effective 15 May 2003, a number of changes will be reflected in the BCPI. To ensure that the index accurately reflects the natural resource sectors of the economy, a number of new components and pricing sources have been incorporated into the BCPI. Weights in the new index will be chained to 1 January 1991 and 1 January 2000 to better reflect contemporary values. Content Type(s): Publications, Bank of Canada Review articles
October 16, 2024 Operational risk and incident response This supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act comply with their obligations related to the identification and mitigation of their operational risks as well as their response to incidents. Content Type(s): Retail payments supervision materials, Supervisory guidelines Research Topic(s): Supervision
June 21, 2009 Regulatory Constraints on Leverage: The Canadian Experience Financial System Review - June 2009 Allan Crawford, Christopher Graham, Étienne Bordeleau Content Type(s): Publications, Financial System Review articles
Estimating Canada’s Effective Lower Bound Staff Analytical Note 2015-2 Jonathan Witmer, Jing Yang In 2009, the Bank of Canada set its effective lower bound (ELB) at 25 basis points (bps). Given the recent experience of Sweden, Denmark, Switzerland and the euro area with negative interest rates, we examine the economics of negative interest rates and suggest that cash storage costs are the source of a negative lower bound on interest rates. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Central bank research, Monetary policy framework, Monetary policy implementation JEL Code(s): D, D5, D53, E, E4, E41, E43, E5, E58
February 26, 2025 Safeguarding of end-user funds: At a glance This supplementary material is intended to provide an overview of the Safeguarding end-user funds guideline and summarizes a payment service provider’s (PSP) requirements for safeguarding end-user funds. It also includes scope considerations and a list of questions to help PSPs assess and achieve these requirements.
January 25, 2012 The Changing Landscape of Securities Trading Financial System Review - December 2007 Éric Chouinard Content Type(s): Publications, Financial System Review articles
April 26, 2007 Monetary Policy Report – April 2007 Growth in the Canadian economy has been essentially in line with the expectations set out in the Bank’s January Monetary Policy Report Update. Content Type(s): Publications, Monetary Policy Report
July 23, 2009 Monetary Policy Report – July 2009 The global economy has suffered an intense, synchronous recession and considerable excess supply has opened up. Content Type(s): Publications, Monetary Policy Report
January 22, 2020 Monetary Policy Report – January 2020 The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021. Content Type(s): Publications, Monetary Policy Report