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The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...
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.
Recent policy changes are having a clear impact on the mortgage market. The number of new highly indebted borrowers has fallen, and overall mortgage activity has slowed significantly. Tighter policies ...
It is vital for readers to understand that this account of economic research at the Bank of Canada is seriously non-definitive. For a start, it focuses on the 30-year period from the opening of the ...
The Bank of Canada (the “Bank”), as issuer of Canadian bank notes, offers a service for the redemption, in appropriate cases, of claims for Canadian bank notes that have become contaminated or ...
In June 2019, Facebook and its partners announced a plan to launch Libra, a private digital currency backed by financial assets. Their goal is to enable domestic and cross-border money transfer in a ...
Since the 2007–09 global financial crisis, the total value of Canadian provincial bonds outstanding has more than doubled (Chart 1). At the end of the second quarter of 2018, provincial bonds made up ...
Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...
Foreign demand for Government of Canada (GoC) bonds has increased rapidly since the financial crisis. This sudden interest by foreigners in the GoC market is associated with external events, such as ...
Evan W. Siddall 2011 – 2013 Fort Reliance Co. / Irving Oil Ltd.
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 ...