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9272 Results

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.
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.
November 9, 2023

Speech: Advocis Vancouver

Financial Stability Update — Senior Deputy Governor Carolyn Rogers speaks before Advocis Vancouver. (12:00 (ET) approx.).

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