Posts

• May 13, 2026

  Speech by Michelle Alexopoulos, External Deputy Governor of the Bank of Canada

  On Wednesday, May 13, 2026, Michelle Alexopoulos, External Deputy Governor of the Bank of Canada, will speak at the Ottawa Economics Association (OEA) and the Canadian Association for Business Economics (CABE) 2026 Spring Policy Conference.

  Content Type(s): Press, Media advisories
• May 13, 2026

  Speech: Michelle Alexopoulos, External Deputy Governor

  Ottawa, Ontario

  Content Type(s): Upcoming events
• May 12, 2026

  CDB ADCOM Meeting (May 12, 2026)

  Topics: First meeting, Discussion note

  Content Type(s): Meetings Source(s): Consumer-Driven Banking Advisory Committee

• How Canada’s counter-tariffs impacted consumer prices

  

  Sparks at Bank article Alberto Cavallo, Olena Kostyshyna, Oleksiy Kryvtsov, Matías Vieyra

  For six months in 2025, Canada imposed counter tariffs on a wide range of goods from the United States. This short and well defined episode offers a unique opportunity to examine how Canadian retailers adjust prices in response to tariffs—and how retailers’ expectations and transparency with consumers affect pricing decisions.

  Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, International trade, finance and competitiveness
• 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