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 Case scenarios about point-of-sale terminals The following fictional case scenarios provide details about the payment functions: initiation of an electronic funds transfer at the request of an end user; the authorization of an electronic funds transfer; and the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration
December 12, 2023 Case scenarios about payment accounting software and invoice payment services The following fictional case scenarios provide details about the payment functions: provision or maintenance of an account on behalf of an end user; the initiation of an electronic funds transfer at the request of an end user; the provision of clearing and settlement services; as well as examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration
December 12, 2023 Case scenarios about merchants and the incidental payment function The following fictional case scenarios offer examples of providing or maintaining an account payment function as well as examples of incidental activities under the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration
December 12, 2023 Case scenarios about merchant or group of merchants instrument exclusion The following fictional case scenarios illustrate the types of activities exempted under paragraph 6(a) of the Retail Payment Activities Act. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration
December 12, 2023 Case scenarios about geographic scope The following fictional case scenarios provide examples of how to apply the geographic scope criteria under the Retail Payment Activities Act when a foreign payment service provider is involved. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration
December 12, 2023 Case scenarios about designated payment systems The following fictional case scenarios provide examples to help differentiate payment functions performed using a designated system under section 7 of the Retail Payment Activities Act (and exempted as a result) from other non-exempted payment functions related to the same transaction. Content Type(s): Retail payments supervision materials, Case scenarios Topic(s): Registration