December 15, 2023 Bank of Canada announces changes to communications of interest rate decisions The Bank of Canada today announced changes to its procedures for communicating monetary policy decisions, which will take effect in 2024. Content Type(s): Press, Market notices
December 15, 2023 The path to price stability Remarks Tiff Macklem Canadian Club Toronto Toronto, Ontario Governor Tiff Macklem discusses how the economy will continue to adjust to higher interest rates in the year ahead, and outlines what Canadians can expect from the Bank of Canada. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Economic models, Expectations, Inflation and prices, Inflation: costs and benefits, Interest rates, Labour markets, Monetary policy, Monetary policy and uncertainty, Monetary policy communications, Monetary policy transmission, Price stability
December 15, 2023 Bank of Canada Media Interview – Globe and Mail Tiff Macklem, Governor of the Bank of Canada, gave an interview today to David Parkinson and Mark Rendell of the Globe and Mail. Content Type(s): Press, Media advisories
December 15, 2023 Bank of Canada Media Interview – BNN Bloomberg Tiff Macklem, Governor of the Bank of Canada, gave an interview today to Amanda Lang of BNN Bloomberg. Content Type(s): Press, Media advisories
December 12, 2023 Frequently asked questions about retail payments supervision Answers to common questions about retail payments supervision.
December 12, 2023 Registration application fee This supervisory policy explains the one-time fee applicants must pay when submitting an application to register as a payment service provider with the Bank.
December 12, 2023 Criteria for registering payment service providers This supervisory policy helps individuals and entities determine if they are subject to the Retail Payment Activities Act and if they should register with the Bank.
December 11, 2023 CARR Meeting (December 11, 2023) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
Central Bank Crisis Interventions: A Review of the Recent Literature on Potential Costs Staff Discussion Paper 2023-30 Patrick Aldridge, David Cimon, Rishi Vala Central banks’ actions to stabilize financial markets and implement monetary policy during crises may come with costs and side effects. We provide a literature review of these costs and discuss measures that may mitigate the negative impacts of crisis actions. Content Type(s): Staff research, Staff discussion papers Topic(s): Central bank research, Financial institutions, Financial markets, Financial stability, Lender of last resort JEL Code(s): E, E5, E58, G, G1, G10, G2, G20