February 29, 2020
Posts
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February 26, 2020
Bank of Canada Media Interview – The Logic
Timothy Lane, Deputy Governor of the Bank of Canada, gave an interview to the Logic. The story will be available online: https://thelogic.co/. -
February 25, 2020
Exploring new ways to pay
Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. -
February 25, 2020
Bank of Canada Media Interviews – La Presse and Financial Post
Timothy Lane, Deputy Governor of the Bank of Canada, gave interviews to La Presse and the Financial Post. The stories will be available online: www.lapresse.ca and https://business.financialpost.com. The Financial Post will also feature their story in the newspaper. -
February 25, 2020
Speech by Timothy Lane, Deputy Governor of the Bank of Canada
On Tuesday, February 25, 2020, Deputy Governor Timothy Lane of the Bank of Canada speaks at the CFA Montréal FinTech RDV 2020. -
February 25, 2020
Contingency Planning for a Central Bank Digital Currency
This background note explains the Bank’s official position on CBDC. It outlines the public policy, design, technology and risk management issues the Bank is considering as it builds its capacity to issue a CBDC in case it is needed in the future. -
February 25, 2020
Money and Payments in the Digital Age
Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. -
Technology Approach for a CBDC
In this note, we highlight a range of technical options and considerations in designing a contingent system for a central bank digital currency (CBDC) in Canada and explore how these options achieve stated public policy goals. -
CBDC and Monetary Sovereignty
In an increasingly digitalized world, issuers of private digital currency can weaken central banks’ ability to stabilize the economy. By continuing to make central bank money attractive as a payment instrument in a digital world, a central bank digital currency (CDBC) could help to maintain a country’s monetary sovereignty. -
CBDC and Monetary Policy
Improving the conduct of monetary policy is unlikely to be the main motivation for central banks to issue a central bank digital currency (CBDC). While some argue that a CBDC could allow more complex transfer schemes or the ability to break below the zero lower bound, we find these benefits might be small or difficult to realize in practice.