January 31, 2020 What money does, and how we’re handling it in the digital age.
June 4, 2019 The market for foreign exchange determines how much our dollar is worth. The Bank of Canada very rarely intervenes to support its value.
January 15, 2016 Defines this important policy interest rate and describes the role it plays in influencing various market interest rates.
March 3, 2014 Highlights the value of ‘prudent’ borrowing in enhancing welfare, but also the risks of over-indebtedness for households, the economy and financial stability. Discusses trends in household debt, various debt metrics and why monetary policy is concerned with how households use borrowed funds.
February 28, 2014 Describes the shared responsibility for the regulation of the Canadian financial system and summarizes the Bank of Canada’s role in the financial system.
September 27, 2013 Describes this important funds-transfer system and explains the Bank of Canada’s oversight role.
May 31, 2013 Defines this important economic concept, describes different measures of productivity, explains how productivity affects living standards, and summarizes the reasons behind Canada’s disappointing productivity record.
May 31, 2013 Outlines the costs of high inflation and the benefits of low inflation.
May 6, 2013 Describes possible sources of bias in the CPI, and explains why changes in this indicator may not always provide an accurate measure of actual changes in the cost of living.
April 8, 2013 Defines seigniorage as the revenue earned from the issue of new money and explains it in the Canadian context.
September 28, 2012 Explains what the Bank Rate is and its relationship to the target for the overnight rate.
May 29, 2012 Defines this key economic indicator and explains its importance for monetary policy.
May 29, 2012 Explains the process by which changes in the policy interest rate work their way through the economy and ultimately affect the rate of inflation.
May 29, 2012 Describes the potential problems that a higher or lower inflation target might entail.
May 29, 2012 Defines these sometimes-confused terms and describes the monetary policy response to deflation.
May 29, 2012 Defines inflation and price stability and describes their consequences as well as why the Bank aims to keep inflation low and stable.
May 29, 2012 Explains why a sound financial system is critical to a well-functioning economy and provides links to further information about Canada’s financial system.