February 24, 2023
Find background information about the Bank and how we fulfill our mandate.
17
result(s)
February 14, 2023
The Bank of Canada’s balance sheet reflects the unique role it plays as Canada’s central bank. It is different from the balance sheets of other financial institutions—the assets and liabilities on the Bank’s balance sheet are intended to support its core functions rather than to generate profit.
About the Bank’s interest earnings
Content Type(s):
Background materials
September 28, 2022
The Bank of Canada thanks the International Monetary Fund (IMF) for undertaking its thorough and thoughtful pilot review of the Bank under the new Central Bank Transparency Code (CBTC). We welcome the publication of this final review report by the IMF Mission Team and the associated recommendations.
Bank of Canada response to detailed review report
Content Type(s):
Background materials
May 24, 2022
This document provides an overview of Lynx—Canada’s high-value payment system—and summarizes the system’s design. It explains the development and purpose of Lynx as well as the legal and regulatory framework governing its operation. It also describes the various settlement mechanisms and processes Lynx uses to allow system participants to meet their diverse payment needs while ensuring that risks that arise in the system are managed appropriately.
An Overview of Lynx, Canada’s High-Value Payment System
Content Type(s):
Background materials
Topic(s):
Payment clearing and settlement systems
December 13, 2021
Commentary and technical data relating to the 2021 renewal.
Monetary Policy Framework Renewal (December 2021)
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy
October 13, 2021
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
Climate change and the Bank of Canada
Content Type(s):
Background materials
Topic(s):
Climate change
September 10, 2021
At the Bank of Canada, our balance sheet reflects the unique role we play as Canada’s central bank. Get an overview of how it’s used to acquire assets and support our core functions, and learn about the types of assets and liabilities we hold.
About the Bank of Canada’s balance sheet
Content Type(s):
Background materials
January 1, 2021
Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
About legal tender
Content Type(s):
Background materials
Topic(s):
Bank notes
October 1, 2020
Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website.
Background information on foreign exchange rates
Content Type(s):
Background materials
Topic(s):
Exchange rates
February 25, 2020
This background note explains the Bank’s official position on CBDC. It outlines the public policy, design, technology and risk management issues the Bank is considering as it builds its capacity to issue a CBDC in case it is needed in the future.
Contingency Planning for a Central Bank Digital Currency
Content Type(s):
Background materials
Topic(s):
Digital currencies and fintech
November 13, 2019
The Bank of Canada regularly reviews its Framework for Market Operations and Liquidity Provision to ensure it remains in line with the evolution of the Canadian financial system.
Information on the Standing Term Liquidity Facility
Content Type(s):
Background materials
Source(s):
Standing Term Liquidity Facility
October 24, 2016
Commentary and technical data relating to the 2016 target renewal.
Renewal of the Inflation-Control Target (October 2016)
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy
December 8, 2015
This document outlines a series of monetary policy measures that could be deployed in a very low interest rate environment.
Framework for Conducting Monetary Policy at Low Interest Rates
Content Type(s):
Background materials
Topic(s):
Monetary policy
November 7, 2011
Commentary and technical data relating to the 2011 target renewal.
Renewal of the Inflation-Control Target (November 2011)
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy
November 1, 2006
Commentary and technical data relating to the 2006 target renewal.
Renewal of the Inflation-Control Target (November 2006)
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy
March 1, 2006
A Primer on Canada’s Large Value Transfer System
This paper provides a comprehensive overview of Canada’s Large Value Transfer System (LVTS).
Content Type(s):
Background materials
Topic(s):
Payment clearing and settlement systems
May 1, 2001
Commentary relating to the 2001 target renewal.
Renewal of the Inflation-Control Target (May 2001)
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy