Posts

• February 26, 2025

  Operational risk and incident response: At a glance

  This supplementary material is intended to provide an overview of the Operational risk and incident response guideline and summarizes a payment service provider’s (PSP) requirements for operational risk and incident response. It also includes scope considerations and a list of questions to help PSPs assess and achieve these requirements.

• The new repo tri-party Canadian Collateral Management Service: Benefits to the financial system and to the Bank of Canada

  Staff Analytical Note 2025-6 Philippe Muller, Maksym Padalko

  The Canadian Collateral Management Service (CCMS) is a new tri-party collateral management service offered by the TMX Group and Clearstream. CCMS will enhance Canada’s financial infrastructure for securities financing transactions, including for the repurchase, or repo, market that is a core funding market in Canada. We explain the importance of the repo market and describe the benefits of the CCMS for market participants and for the Bank of Canada.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Financial institutions, Financial markets, Market structure and pricing JEL Code(s): G, G1, G2, G23
• February 24, 2025

  Remarks by Toni Gravelle, Deputy Governor of the Bank of Canada  

  On Monday, February 24, 2025, Toni Gravelle, Deputy Governor of the Bank of Canada, will speak at the Bank of England Annual Research Conference. 

  Content Type(s): Press, Media advisories
• February 21, 2025

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Friday, February 21, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak before the Mississauga Board of Trade-Oakville Chamber of Commerce.

  Content Type(s): Press, Media advisories
• February 21, 2025

  Trade conflict: What can the Bank of Canada do?

  Speech summary Tiff Macklem Mississauga Board of Trade-Oakville Chamber of Commerce Mississauga, Ontario

  Governor Tiff Macklem discusses how a trade conflict would affect the Canadian economy and monetary policy. He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Economic models, Housing, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Potential output, Productivity, Recent economic and financial developments, Trade integration
• February 21, 2025

  Tariffs, structural change and monetary policy

  Remarks Tiff Macklem Mississauga Board of Trade-Oakville Chamber of Commerce Mississauga, Ontario

  Governor Tiff Macklem discusses the potential impact of a trade conflict with the United States. He also launches the review of the Bank’s monetary policy framework.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Economic models, Housing, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Potential output, Productivity, Recent economic and financial developments, Trade integration
• February 20, 2025

  CFEC Meeting (February 20, 2025)

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
• February 20, 2025

  Protecting yourself from scams

  Here’s how to recognize and report a scam.

  Content Type(s): Press, Announcements

• Estimating the impacts on GDP of natural disasters in Canada

  Staff Analytical Note 2025-5 Tatjana Dahlhaus, Thibaut Duprey, Craig Johnston

  Extreme weather events contribute to increased volatility in both economic activity and prices, interfering with the assessment of the true underlying trends of the economy. With this in mind, we conduct a timely assessment of the impact of natural disasters on Canadian gross domestic product (GDP).

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Climate change, Domestic demand and components, Econometric and statistical methods, Fiscal policy, Regional economic developments JEL Code(s): B, B2, B23, C, C1, C13, C2, C23, E, E1, E17, E3, E37, E6, E62, H, H6
• February 18, 2025

  What does the Bank of Canada do?

  The Bank has five main areas of responsibility that affect Canadians’ everyday lives.

  Content Type(s): Explainers