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Banks and federally chartered trust and loan companies are required to transfer to the Bank of Canada all unclaimed bank balances maintained in Canada in Canadian currency that have been inactive for a period of 10 years.
This issue of the Financial System Review reflects the Bank’s judgment that household indebtedness and housing market imbalances–the most important vulnerabilities for the Canadian financial system–have moved higher over the past six months.
See, interact with and share the $10 bank note commemorating Canada's 150th anniversary of confederation.
Viola Desmond has been selected to be featured on Canada’s next regularly circulating $10 bank note.
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Understanding digital currencies and related financial technologies is an important part of our research agenda.
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Canadian Economic Update: Strength in Diversity - Senior Deputy Governor Carolyn A. Wilkins speaks before the Associates of the Asper School of Business. (13:35 (ET) approx.)
Bank of Canada exchange rates are nominal quotations — not buying or selling rates — and are intended for statistical or analytical purposes.
The Bank carefully monitors changes in credit conditions, the money supply, financial system liquidity, as well as in other credit-market indicators.
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Deputy Governor Agathe Côté will discuss the four main responsibilities of the Bank and its economic outlook.