February 14, 2024
Posts
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February 14, 2024
Reporting of retail payment activity metrics at registration
This supervisory policy outlines the retail payment activity metrics that payment service providers must report at registration. -
February 14, 2024
How to complete a registration application: A step-by-step guide
This supervisory policy aims to help applicants gather the information and documents they need to complete the application form during the initial 15-day registration phase. -
February 12, 2024
Reconciliation Action Plan
The Bank’s Reconciliation Action Plan will guide the Bank as it continues its Reconciliation journey. In line with our mandate, the draft action plan outlines two interconnected pathways to help us build an equitable and inclusive organizational culture and deepen our understanding of the Indigenous economy. -
February 8, 2024
Webpage for Government of Canada purchases of Canada Mortgage Bonds
The Bank of Canada is today launching a new webpage with details on the Government of Canada’s purchases of Canada Mortgage Bonds (CMBs). -
Central Bank Digital Currency and Banking Choices
To what extent does a central bank digital currency (CBDC) compete with bank deposits? To answer this question, we develop and estimate a structural model where each household chooses which financial institution to deposit their digital money with. -
February 7, 2024
Summary of Governing Council deliberations: Fixed announcement date of January 24, 2024
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 24, 2024. -
February 7, 2024
Release of the Bank of Canada’s summary of deliberations
On Wednesday, February 7, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on January 24, 2024. -
The Role of International Financial Integration in Monetary Policy Transmission
We propose an open-economy New Keynesian model with financial integration that allows financial intermediaries to hold foreign long-term bonds. We study the implications of financial integration on monetary policy transmission. Among various aspects of financial integration, the bond duration plays a major role. These results hold for conventional and unconventional monetary policies. -
February 6, 2024
Bank of Canada Media Interview – Le Devoir
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Le Devoir.