Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.
The Bank of Canada announced today it is joining the Bank for International Settlements’ Project Agorá, an initiative exploring how tokenization could improve wholesale cross-border payments.
External Deputy Governor Nicolas Vincent explores the factors driving recent shifts in Canada’s labour market and the implications for monetary policy.
External Deputy Governor Michelle Alexopoulos discusses what we know so far about AI adoption, and what it could mean for productivity and labour markets in Canada.
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.