Financial services - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:56:03+00:00An Exploration of First Nations Reserves and Access to Cash
https://www.bankofcanada.ca/2021/05/staff-discussion-paper-2021-8/
Adequate cash distribution is one the Bank of Canada’s core interests. Canadians’ ability to access cash influences the Bank’s thinking on issuing a central bank digital currency. We provide a perspective on these issues by exploring access of First Nations reserves to cash.2021-05-26T07:15:38+00:00enAn Exploration of First Nations Reserves and Access to Cash2021-05-26Bank notesDigital currencies and fintechFinancial institutionsFinancial servicesPayment clearing and settlement systemsStaff Discussion Paper 2021-8https://www.bankofcanada.ca/wp-content/uploads/2021/05/sdp2021-8.pdfAn Exploration of First Nations Reserves and Access to CashHeng ChenWalter EngertKim HuynhDaneal O’HabibMay 2021EE4E41E42E5GG2G21An Empirical Analysis of Bill Payment Choices
https://www.bankofcanada.ca/2021/05/staff-working-paper-2021-23/
How do Canadians pay their bills? 2019 survey data collected from over 4,000 Canadian consumers show how people’s bill payment choices vary with consumer characteristics and types of bills. The data also reveal that many consumers feel limited in their choices, which suggests that preferences of billers might play an important role as well.2021-05-17T14:22:26+00:00enAn Empirical Analysis of Bill Payment Choices2021-05-17Bank notesEconometric and statistical methodsFinancial servicesPayment clearing and settlement systemsStaff Working Paper 2021-23https://www.bankofcanada.ca/wp-content/uploads/2021/05/swp2021-23.pdfStaff Working Paper 2021-23Anneke KosseMay 2021DD1D9GG2Including everyone helps all of us
https://www.bankofcanada.ca/2021/05/including-everyone-helps-all-of-us/
Governor Tiff Macklem explains why including people from all backgrounds is good for the Bank of Canada and the entire economy.2021-05-13T11:00:58+00:00Including everyone helps all of us2021-05-13Tiff MacklemThe benefits of an inclusive economy
https://www.bankofcanada.ca/2021/05/benefits-inclusive-economy/
Governor Tiff Macklem talks about diversity and inclusion are important for the Bank of Canada, for the economics and finance profession, and for the Canadian economy.2021-05-13T11:00:22+00:00The benefits of an inclusive economy2021-05-13Tiff MacklemDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States
https://www.bankofcanada.ca/2021/02/staff-working-paper-2021-8/
Although credit cards are more expensive for merchants to accept than cash or debit cards, merchants typically pass through their costs evenly to all customers. Along with consumer card rewards and banking fees, this creates cross-subsidies between payment methods. Because higher-income individuals tend to use credit cards more than those with lower incomes, our results indicate that these cross-subsidies might lead to regressive distributional effects.2021-02-05T10:29:38+00:00enDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States2021-02-05Bank notesFinancial institutionsFinancial servicesMarket structure and pricingPayment clearing and settlement systemsStaff Working Paper 2021-8https://www.bankofcanada.ca/wp-content/uploads/2021/02/swp2021-8.pdfDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United StatesMarie-Hélène FeltFumiko HayashiJoanna StavinsAngelika WelteFebruary 2021DD1D12D2D23D3D31EE4E42GG2G21LL8L81Eggs in One Basket: Security and Convenience of Digital Currencies
https://www.bankofcanada.ca/2021/01/staff-working-paper-2021-6/
Digital currencies store balances in anonymous electronic addresses. This paper analyzes the trade-offs between the safety and convenience of aggregating balances in addresses, electronic wallets and banks.2021-01-29T07:23:53+00:00enEggs in One Basket: Security and Convenience of Digital Currencies2021-01-29Central bank researchDigital currencies and fintechFinancial servicesPayment clearing and settlement systemsStaff Working Paper 2021-6https://www.bankofcanada.ca/wp-content/uploads/2021/01/swp2021-6.pdfEggs in One Basket: Security and Convenience of Digital CurrenciesCharles M. KahnFrancisco RivadeneyraTsz-Nga WongJanuary 2021EE4E42E5E51E58