Ecosystem Models for a Central Bank Digital Currency: Analysis Framework and Potential Models Staff Discussion Paper 2024-13 Youming Liu, Francisco Rivadeneyra, Edona Reshidi, Oleksandr Shcherbakov, André Stenzel This note analyzes different economic models of a central bank digital currency (CBDC) ecosystem where the central bank chooses different levels of market involvement and usage of policy levers. The analysis suggests that there are trade-offs between the costs to the central bank and its ability to achieve policy goals like universal access. Content Type(s): Staff research, Staff discussion papers Topic(s): Central bank research, Digital currencies and fintech, Financial services JEL Code(s): E, E5, E58, E6, E61, L, L5
September 10, 2024 Government of Canada Debt Distribution Framework Review Consultations A consultation document pertaining to the design of the Government of Canada debt distribution framework, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
September 10, 2024 Debt Management Strategy Consultations – 2025-26 The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on issues related to the design and operation of the Government of Canada’s domestic debt program for 2025-26 and beyond. Content Type(s): Press, Market notices
September 10, 2024 Speech by Tiff Macklem, Governor of the Bank of Canada On Tuesday, September 10, 2024, Tiff Macklem, Governor of the Bank of Canada, will speak before the Canada-UK Chamber of Commerce in London, United Kingdom. Content Type(s): Press, Media advisories
September 10, 2024 Bank of Canada Media Interview – Financial Times Tiff Macklem, Governor of the Bank of Canada, gave an interview to Chris Giles and Joel Suss of the Financial Times. Content Type(s): Press, Media advisories
September 10, 2024 Global trade in a changing world Speech summary Tiff Macklem Canada-UK Chamber of Commerce London, United Kingdom Governor Tiff Macklem talks about how geopolitical, economic and social forces are changing global trade. He also discusses how Canada can benefit from trade shifts and prepare for future supply shocks. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): International topics, Service sector, Trade integration
September 10, 2024 Rewired, recast and redirected: Global trade and implications for Canada Remarks Tiff Macklem Canada-UK Chamber of Commerce London, United Kingdom Bank of Canada Governor Tiff Macklem discuss shifts in the global trade environment and outlines the challenges and opportunities for Canada. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): International topics, Service sector, Trade integration
September 6, 2024 Bank of Canada launches the 2025 Fellowship Program The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2025 Governor’s Award. For this 2025 nomination period, we are not accepting applications for the Fellowship Award as all awards are currently held. Content Type(s): Press, Announcements Source(s): Fellowship Program