We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

At the Bank of Canada, we assessed the life cycle of bank notes to confirm that polymer notes have a smaller environmental footprint than paper notes. Polymer notes have a longer life and then are ...

Indigenous businesses make a valuable contribution to Canada’s economy, but we still have much to learn about what makes them ...

Readability refers to how easy it is to read and understand a piece of text. In this note, I examine the readability of Bank of Canada publications for the years 2015–17, using a common metric for ...

Evan W. Siddall 2011 – 2013 Fort Reliance Co. / Irving Oil Ltd.

Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.

The Governor’s Challenge is an annual university outreach program organized and sponsored by the Bank of Canada and designed to bring real-world economics into the undergraduate classroom. The ...

We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way. We rely on our financial system whenever we take out a loan for a ...

Rhys Mendes, Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show Island Morning. Please visit https://www.cbc.ca/listen/live-radio/1-30-island-morning for more information.

In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation ...

Derivatives exchanges often determine collateral requirements, which are fundamental to market safety, with dated risk models assuming normal returns. However, derivatives returns are heavy-tailed, ...