Posts
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April 25, 2022
Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada
On Monday, April 25, 2022, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers. -
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April 22, 2022
Bank of Canada announces increases to the limit for Securities Repo and Overnight Reverse Repo operations
Effective April 25, 2022, the maximum total bidding amount across all securities in the Securities Repo Operation (SRO) will increase to $5,000 million for each counterparty. -
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April 21, 2022
Media roundtable with Governor Macklem
On Thursday, April 21, 2022, Tiff Macklem, Governor of the Bank of Canada, will hold a virtual roundtable with journalists from the sidelines of the G7-G20-IMF meetings in Washington. Reporting based on the contents of the roundtable will be embargoed until 19:00 (Eastern Time).
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Bitcoin Awareness, Ownership and Use: 2016–20
In this paper, we examine trends in Canadian ownership of Bitcoin and other cryptocurrencies from 2016 to 2020 using data from surveys conducted by the Bank of Canada. -
Uncertainty and Monetary Policy Experimentation: Empirical Challenges and Insights from Academic Literature
Central banks face considerable uncertainty when conducting monetary policy. The COVID-19 pandemic brought this issue back to the forefront of policy discussions. We draw from academic literature to review key sources of uncertainty and how they affect the conduct of monetary policy. -
Cash and COVID-19: What happened in 2021
Using data from the Bank Note Distribution System and consumer surveys, we find that bank notes in circulation remained high through 2021. Canadians continued to rely on electronic methods of payment, but a significant share also continued using cash for payments.