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.
May 7, 2014 Understanding and monitoring e-money products is an important part of the Bank of Canada’s research agenda.
May 7, 2014 Decentralized e-money is stored and flows through a peer-to-peer computer network that directly links users, much like chat rooms. No one user controls the network.
April 29, 2014 A core function of the Bank of Canada is to design, produce and distribute banknotes. Over the last few decades, there has been a major shift away from paper-based payment instruments, such as banknotes and cheques, toward electronic means of payment, such as debit cards, credit cards and innovations such as e-money.
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.