Posts

• May 11, 2026

  Market Participants Survey—First Quarter of 2026

  The Market Participants Survey results are based on questionnaire responses from about 28 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• May 11, 2026

  Release: Market Participants Survey

  10:30 (ET)
  The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.

  Content Type(s): Upcoming events

• Patterns and Determinants of Global Cryptocurrency Flows

  Staff working paper 2026-15 Christian Friedrich, Laura Zhao

  This paper analyzes cross-border cryptocurrency flows, focusing on Bitcoin and four major stablecoins. Using data for 162 countries, we identify the key determinants, including responses to weak economic conditions and demand for remittances. A COVID-19 case study supports these findings and emphasizes the role of cryptocurrencies in global finance.

  Content Type(s): Staff research, Staff working papers JEL Code(s): E, E4, F, F3, F32, F38, F5, F51, G, G1, G15, G2, G23 Research Theme(s): Money and payments, Digital assets and fintech

• To Tokenize, or Not to Tokenize: The Design Question for a Central Bank Digital Currency

  Staff working paper 2026-14 Jonathan Chiu, Cyril Monnet, Oliver Xu

  This paper develops a general equilibrium model to assess central bank digital currency (CBDC) design in a monetary system where traditional banks and “crypto banks” (i.e., banks that issue stablecoins) coexist. We compare tokenized and non-tokenized CBDC, showing that their desirability depends on the reliability of private money provision, the availability of collateral assets and the features of the crypto sector.

  Content Type(s): Staff research, Staff working papers JEL Code(s): E, E5, E50, E58 Research Theme(s): Money and payments, Digital assets and fintech, Payment and financial market infrastructures

• A buoy on funding tides: How client repo demand and dealer constraints lifted CORRA

  Staff analytical paper 2026-15 Jean-Sébastien Fontaine, Neil Maru, Sofia Tchamova

  Pressures on the CORRA benchmark can emerge from the interaction of client borrowing behavior, dealer balance sheet constraints, even if the level of settlement balances is in a range deemed sufficient to meet the requirement of the payment system and the prudential demand of its members.

  Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E5, E52, G, G2, G23 Research Theme(s): Financial markets and funds management, Market functioning, Monetary policy, Monetary policy tools and implementation
• May 7, 2026

  Bank of Canada Museum marks 50th anniversary of the Montréal Olympics with an exhibition on Canada’s historic Olympic Coin Program

  Media Relations Ottawa, Ontario

  Step back into the excitement and pride of Canada’s first Olympic Games as the Bank of Canada Museum opens Montréal 1976: The legacy of the Olympic coins.

  Content Type(s): Press, Press releases
• May 6, 2026

  Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada

  On Wednesday, May 6, 2026, the Governor of the Bank of Canada, Tiff Macklem, will appear before the Standing Senate Committee on Banking, Commerce and the Economy. He will be accompanied by Senior Deputy Governor Carolyn Rogers.

  Content Type(s): Press, Media advisories
• May 6, 2026

  Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor 

  Standing Senate Committee on Banking, Commerce and the Economy 
  Ottawa, Ontario

  Content Type(s): Upcoming events
• May 6, 2026

  Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy

  Opening statement Tiff Macklem Senate Standing Committee on Banking, Commerce and the Economy Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 6, 2026

  Bank of Canada Media Interview – CNBC

  Tiff Macklem, in his capacity as Chair of the Financial Stability Board’s Standing Committee for the Assessment of Vulnerabilities, gave an interview to Karen Tso of CNBC Europe about the Financial Stability Board’s report on private credit.

  Content Type(s): Press, Media advisories