April 26, 2022
Risk management
As the Canadian economy continued to recover from the effects of the pandemic, risk management remained central to the Bank’s decisions and policy-making activities.
Posts
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April 26, 2022
Financial System
The COVID‑19 pandemic caused a massive disruption to the Canadian economy. But the financial system proved to be resilient and acted as a shock absorber for the broader economy. -
April 26, 2022
Preparing for a central bank digital currency
In 2021, the Bank continued to build its capacity for issuing a central bank digital currency (CBDC)—a digital form of money the central bank would make available to all Canadians. -
April 26, 2022
Annual Report 2021
The Annual Report outlines the Bank’s activities and achievements in 2021. It includes the financial statements and a message from Governor Tiff Macklem. -
April 26, 2022
Annual Report 2021
The Annual Report outlines the Bank’s activities and achievements in 2021. It includes the financial statements and a message from Governor Tiff Macklem. -
April 26, 2022
Advancing the Bank’s climate change work
Climate change poses significant risks to the economy and financial system. In 2021, the Bank deepened its understanding of these risks and continued its efforts to reduce its carbon footprint and manage climate-related risks to its operations. -
April 26, 2022
Funds management
The Bank’s funds management activities in 2021 largely continued at the same heightened pandemic-related levels as in 2020. The Government of Canada continued financing its COVID‑19 support measures, issuing still-elevated amounts of federal government debt into the market. -
April 26, 2022
Global engagement
In 2021, the Bank focused its international efforts on the global macroeconomic policy response to the evolving impacts of the COVID‑19 pandemic, global policies related to climate change and the digitalization of the economy, the future of the international monetary and financial system, and promoting and reinforcing the resilience of the international financial system. -
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April 26, 2022
Renewing the Bank’s monetary policy framework
Every five years, the Bank and the Government of Canada review and renew their agreement on Canada’s monetary policy framework. In 2021, Canada’s flexible inflation-targeting framework was renewed for 2022 to 2026.