February 4, 2025 CFIF Meeting (February 4, 2025) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
January 31, 2025 Reviews and appeals This supervisory policy describes the Bank of Canada’s process to conduct reviews, as set out in the RPAA (a “prescribed review”), and outlines what individuals, entities and payment service providers should expect if they request a prescribed review of a retail payments supervision decision. Content Type(s): Retail payments supervision materials, Supervisory policies Topic(s): Enforcement, Registration
January 31, 2025 Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility As announced on June 11, 2024, the Bank of Canada made Secured General Collateral (SGC) Notes eligible as collateral under the Standing Liquidity Facility (SLF), pending necessary system enhancements. Content Type(s): Press, Market notices Source(s): Standing Liquidity Facility
January 31, 2025 Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility The Bank of Canada (the Bank), through its Standing Liquidity Facility (SLF), provides access to liquidity to those institutions that participate directly in Lynx. Content Type(s): Collateral Policy Source(s): Standing Liquidity Facility
January 31, 2025 Glossary of terms about retail payments supervision Read the definitions of terms about retail payments supervision used in Bank of Canada supervisory policies and guidelines.
January 31, 2025 Retail payments supervision: Key milestones Get an overview of what to expect as we prepare for the implementation of the Retail Payment Activities Act.
High-Cost Consumer Credit: Desperation, Temptation and Default Staff Working Paper 2025-6 Joaquín Saldain I study the welfare consequences of regulations on high-cost consumer credit in the United States and find that borrowing limits have distributional impacts on households with self-control issues. Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial markets, Interest rates JEL Code(s): E, E2, E7, E71, G, G5, G51
Anchored Inflation Expectations: What Recent Data Reveal Staff Working Paper 2025-5 Olena Kostyshyna, Isabelle Salle, Hung Truong We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a heterogeneous-expectations model to study how inflation expectations form over the business cycle. We provide new insights into how households form expectations, documenting that forecasting behaviours, attention and noise in beliefs vary across socio-demographic groups and correlate with views about monetary policy. Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices JEL Code(s): D, D8, D84, E, E3, E31, E7, E70
January 30, 2025 Award-winning exhibition “Money in 10 Questions: Kids Edition” hits the road across Canada The Bank of Canada Museum is thrilled to announce the nationwide tour of its award-winning travelling exhibition, Money in 10 Questions: Kids Edition, kicking off at the Lloydminster Museum + Archives from January 31 to April 27, 2025. Content Type(s): Press, Announcements