This paper introduces a subjective measure of cash accessibility in Canada, complementing existing distance-based metrics developed by Chen, O’Habib and Xiao (2023). Analyzing data from the 2023 ...
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
The Governor’s opening statement will be published on the Bank’s website at 15:30 (ET).
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
As is customary, Tiff Macklem, Governor of the Bank of Canada, held today a virtual roundtable with journalists from the sidelines of the IMF meetings in Washington, DC.
Wage growth is a key indicator that central banks monitor because labour costs are an important component of production costs and inflation. However, average wage growth can be a misleading measure of ...
This supervisory policy outlines the retail payment activity metrics that payment service providers must report as part of the annual reporting form. This section provides general guidance applicable ...
Prices change all the time, and some change more often than others. How often prices change can affect how quickly shifts in economic conditions affect inflation. Prices tend to change more frequently ...