December 17, 2020
August 13, 2020
The consumer price index (CPI) tracks how much the average Canadian household spends, and how that changes over time. At the Bank of Canada, we use it to target inflation.
Understanding the consumer price index
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
At the Bank of Canada, we aim to keep inflation close to 2 percent.
Understanding inflation targeting
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
Inflation is a persistent rise in the average level of prices over time.
Understanding inflation
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation: costs and benefits
August 13, 2020
The foreign exchange market determines how much our dollar is worth. The Bank of Canada very rarely intervenes to support its value.
Understanding exchange rates
Content Type(s):
Explainers
Topic(s):
Exchange rates
May 6, 2020
The Bank of Canada covers the cost of day-to-day business with “seigniorage,” which means earning money from issuing bank notes.
Understanding seigniorage
Content Type(s):
Explainers
Topic(s):
Bank notes
January 31, 2020
What money does, and how we’re handling it in the digital age.
All about money in the 21st century
Content Type(s):
Explainers
Topic(s):
Bank notes,
Digital currencies and fintech
January 15, 2016
Defines this important policy interest rate and describes the role it plays in influencing various market interest rates.
Target For The Overnight Rate
Content Type(s):
Explainers
Topic(s):
Monetary policy
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.
Household Spending and Debt
Content Type(s):
Explainers
Topic(s):
Financial stability
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.
Regulation of the Canadian Financial System
Content Type(s):
Explainers
Topic(s):
Financial system regulation and policies
September 27, 2013
Describes this important funds-transfer system and explains the Bank of Canada’s oversight role.
Large Value Transfer System
Content Type(s):
Explainers
Topic(s):
Financial system regulation and policies
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.
Productivity
Content Type(s):
Explainers
Topic(s):
Productivity
September 28, 2012
Explains what the Bank Rate is and its relationship to the target for the overnight rate.
Bank Rate
Content Type(s):
Explainers
Topic(s):
Monetary policy
May 29, 2012
Defines this key economic indicator and explains its importance for monetary policy.
Output Gap
Content Type(s):
Explainers
Topic(s):
Productivity
May 29, 2012
Outlines the factors that affect interest rates for commercial loans.
Lending Rates
Content Type(s):
Explainers
Topic(s):
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.
How Monetary Policy Works: The Transmission of Monetary Policy
Content Type(s):
Explainers
Topic(s):
Monetary policy
May 29, 2012
Explains the purpose of monetary policy and describes how it works.
Monetary Policy
Content Type(s):
Explainers
Topic(s):
Monetary policy
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.
Canadian Financial System
Content Type(s):
Explainers
Topic(s):
Financial system regulation and policies