We share insights about non-bank financial intermediation in Canada in 2023. These data were collected as part of the Bank of ...

Firms participating in the Business Outlook Survey (BOS) are asked several questions about labour markets. One such question is whether they expect wage growth to increase or decrease over the next 12 ...

Assessing insolvency dynamics is essential for evaluating the financial health of non-financial corporations and mitigating macroeconomic and financial stability risks. This study leverages a newly ...

Central bankers argue that programmable digital currencies may compromise the uniformity of money. We explore this in a stylized model where programmable money arises endogenously, and differently ...

US trade protectionism is making the economic outlook increasingly uncertain. To assess how consumer prices may respond to ...

Governor Tiff Macklem discusses how the trade conflict with the United States has affected the Canadian economy. He explains ...

Surveying Canadians Now on to another important tool: surveys. Like other central banks, the Bank conducts a number of surveys with the financial sector. 1 The results provide us with information on ...

The trade conflict is clouding firms’ outlooks The Business Outlook Survey (BOS) indicator—a summary measure of results from key questions in the BOS—reversed its upward trend this quarter and remains ...

Bank of Canada announces an adjustment to the deposit rate and some changes to terms and conditions for Overnight Reverse Repo Operations January 29, 2025 The Bank announced it is making an adjustment ...

Results from the Business Outlook Survey and the Business Leaders’ Pulse show that overall business conditions remain subdued, but firms are beginning to anticipate improvements in activity. Sales ...

1. See, for example, F. Bounajm, J. G. J. Roc and Y. Zhang, “ Sources of pandemic-era inflation in Canada: an application of the Bernanke and Blanchard model,” Bank of Canada Staff Analytical Note No.

Introduction I’m glad to have the opportunity to speak with you today. Back in 2019, I spoke to the Economic Club of Canada about mortgages in my previous role as a bank regulator. Five years later ...