How Far Do Canadians Need to Travel to Access Cash? Staff Discussion Paper 2023-28 Heng Chen, Daneal O’Habib, Hongyu Xiao This paper develops a travel-based metric to measure Canadians’ access to cash from automated banking machines (ABMs) and financial institution branches. We find that, overall, access to cash remained stable between 2019 and 2022. The total number of ABMs in Canada increased by 3.7% and the total number of branches decreased by 5.2% during that period. Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Financial services, Regional economic developments JEL Code(s): G, G2, G21, J, J1, J15, R, R5, R51
November 16, 2023 CARR publishes recommended conventions for Term CORRA swaps Today, the Canadian Alternative Reference Rate working group (CARR) published two recommended conventions for interest rate swaps referencing Term CORRA. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
November 9, 2023 Getting used to higher interest rates Speech summary Carolyn Rogers Advocis Vancouver Vancouver, British Columbia Senior Deputy Governor Carolyn Rogers talks about why interest rates could settle at a higher level than Canadians are used to and why preparing early for that possible outcome is important. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Credit risk management, Financial institutions, Financial markets, Financial stability, Firm dynamics, Interest rates, Monetary and financial indicators, Recent economic and financial developments
November 9, 2023 Financial stability in a world of higher interest rates Remarks Carolyn Rogers Advocis Vancouver Vancouver, British Columbia Senior Deputy Governor Carolyn Rogers talks about financial stability in an era of higher interest rates. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credit risk management, Financial institutions, Financial markets, Financial stability, Firm dynamics, Interest rates, Monetary and financial indicators, Recent economic and financial developments
November 9, 2023 Speech by Carolyn Rogers, Senior Deputy Governor of the Bank of Canada On Thursday, November 9, 2023, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, will speak before Advocis Vancouver. Content Type(s): Press, Media advisories
November 8, 2023 CORRA Advisory Group Meeting (November 8, 2023) Content Type(s): Meetings Source(s): CORRA Advisory Group
November 8, 2023 Summary of Governing Council deliberations: Fixed announcement date of October 25, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 25, 2023. Content Type(s): Publications, Summary of deliberations
November 8, 2023 Release of the Bank of Canada’s summary of deliberations On Wednesday, November 8, 2023, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on October 25, 2023. Content Type(s): Press, Media advisories
November 7, 2023 Bank of Canada Media Interview – CBC North Tiff Macklem, Governor of the Bank of Canada, gave an interview to CBC North’s Airplay. Content Type(s): Press, Media advisories