June 17, 2024 Enforcement tools This supervisory policy lists the enforcement tools the Bank could use if enforcement action is needed against individuals, entities and payment service providers. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration
June 17, 2024 Enforcement process This supervisory policy outlines the Bank of Canada’s enforcement process and what individuals, entities and payment service providers should expect if the Bank takes enforcement action against them. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement
June 17, 2024 Administrative monetary penalties This supervisory policy provides an overview of the Bank of Canada’s administrative monetary penalties (AMPs) regime and how the Bank determines administrative monetary penalty amounts. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration
Demand for Canadian Banknotes from International Travel: Indirect Evidence from the COVID-19 Pandemic Staff Working Paper 2024-23 Hongyu Xiao This study uses the COVID-19 travel restrictions to estimate foreign demand for Canadian banknotes. It reveals that international visitors accounted for about 10% of all $100 CAD notes in circulation pre-pandemic, with each visitor carrying an average of $165 in hundred-dollar bills. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Central bank research, Coronavirus disease (COVID-19), Financial services, International topics JEL Code(s): E, E4, E41, E42, E5, E58, F, F2, F22
The Role of Beliefs in Entering and Exiting the Bitcoin Market Staff Working Paper 2024-22 Daniela Balutel, Christopher Henry, Jorge Vásquez, Marcel Voia We develop a model that links investors’ decisions to enter or exit the Bitcoin market with their beliefs about the survival of Bitcoin. Empirical testing using Canadian data reveals that beliefs strongly influence both entries and exits, and this impact varies with time and ownership status. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Digital currencies and fintech, Econometric and statistical methods JEL Code(s): D, D8, D83, E, E4, E41, O, O3, O33
June 13, 2024 CBC Radio Sharon Kozicki, Deputy Governor of the Bank of Canada Interview with CBC’s radio show All in a Day Content Type(s): Press, Media activities
June 13, 2024 Fireside chat by Tiff Macklem, Governor of the Bank of Canada On Thursday, June 13, 2024, Tiff Macklem, Governor of the Bank of Canada, will participate in a fireside chat at the opening ceremony of the BIS Toronto Innovation Hub Centre. Content Type(s): Press, Media advisories
June 13, 2024 Bank of Canada Media Interview – CBC Radio Sharon Kozicki, Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show All in a Day. Content Type(s): Press, Media advisories
June 13, 2024 Speech by Sharon Kozicki, Deputy Governor of the Bank of Canada On Thursday, June 13, 2024, Sharon Kozicki, Deputy Governor of the Bank of Canada, will speak before the Canadian Association for Business Economics (CABE) hosted by the Ottawa Economics Association (OEA). Content Type(s): Press, Media advisories