June 19, 2024 What you pay for at the pump Kun Mo Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Exchange rates, Inflation and prices, Market structure and pricing
Impacts of interest rate hikes on the consumption of households with a mortgage Staff Analytical Note 2024-14 Panagiotis Bouras, Joaquín Saldain, Xing Guo, Thomas Michael Pugh, Maria teNyenhuis We assess how much the recent rate-hike cycle has and will affect mortgage borrowers' consumption through its impacts on mortgage payments. Our analysis provides insights into the effects of changes in monetary policy on the consumption of mortgage borrowers. Content Type(s): Staff research, Staff analytical notes Topic(s): Interest rates, Monetary policy, Recent economic and financial developments JEL Code(s): D, D1, D13, E, E2, E21, G, G5
June 17, 2024 CFEC Meeting (June 17, 2024) Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
June 17, 2024 Significant adverse impact This supervisory policy provides an overview of what the Bank of Canada will consider when determining whether a “significant adverse impact” is occurring or has occurred. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Supervision
June 17, 2024 Roles and Responsibilities of the Executive Director and Managing Director This supervisory policy outlines the roles of the Executive Director of Payments, Supervision and Oversight and the Managing Director of Supervision. It also describes their responsibilities related to the Bank of Canada’s retail payments supervision mandate. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration, Supervision
June 17, 2024 Governor’s review This supervisory policy describes the Bank of Canada’s Governor’s review process and outlines what individuals, entities and payment service providers should expect if they request a Governor’s review of a retail payments supervision decision. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration
June 17, 2024 Issuing public notice of decisions This supervisory policy provides details on the Bank of Canada’s issuing of public notice for certain retail payments supervision and Governor’s decisions. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration