Uncategorized

• November 6, 2025

  The John Kuszczak Memorial Lecture

  14:00 (ET)
  Ottawa, Ontario  

  Content Type(s): Upcoming events
• November 6, 2025

  Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor

  10:30 (ET)
  Ottawa, Ontario

  Content Type(s): Upcoming events
• November 6, 2025

  Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada

  On Thursday, November 6, 2025, the Governor of the Bank of Canada, Tiff Macklem, will appear before the Standing Senate Committee on Banking, Commerce and the Economy. He will be accompanied by Senior Deputy Governor Carolyn Rogers.

  Content Type(s): Press, Media advisories
• November 6, 2025

  2025 Annual Economic Conference

  The Bank of Canada will host the 2025 Annual Economic Conference on November 6 and 7 in Ottawa. The theme for this year’s conference is Central Banking and the Future of Payments.

  Content Type(s): Conferences and workshops
• November 5, 2025

  Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor

  16:30 (ET) 
  Ottawa, Ontario 

  Content Type(s): Upcoming events
• November 5, 2025

  Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada

  On Wednesday, November 5, 2025, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers.

  Content Type(s): Press, Media advisories

• Non-homothetic Preferences and the Demand Channel of Inflation

  Staff Working Paper 2025-30 Stephen Murchison

  An alternative to the standard CES aggregator, based on non-homothetic household preferences, is proposed. Specifically, the elasticity of substitution between goods declines during periods of strong per-capita consumption and vice versa, giving firms an incentive to adjust their desired markup in response to the state of demand. Empirical evidence favouring a direct role for per-capita consumption demand in inflation determination for Canada is presented.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Inflation and prices, Market structure and pricing JEL Code(s): E, E2, E27, E5, E52, Q, Q4, Q43, Q5, Q58

• Net Send Limits in the Lynx Payment System: Usage and Implications

  Staff Discussion Paper 2025-13 Virgilio B Pasin, Anna Wyllie

  We study how participants in the Lynx payment system use the net send limit (NSL) tool to control their intraday payment outflow levels. Our results show that participants typically adopt a “set it and forget it” approach to scheduling NSLs and sometimes have distinct intraday NSL adjustment behaviours.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Financial institutions, Payment clearing and settlement systems, Recent economic and financial developments JEL Code(s): C, C1, C10, D, D8, D82, E, E4, E42, E5, E58, G, G2, G21, G4, G41
• November 3, 2025

  Fireside Chat: Tiff Macklem, Governor

  13:30 (ET)
  Toronto, Ontario

  Content Type(s): Upcoming events
• November 3, 2025

  Fireside chat with Tiff Macklem, Governor of the Bank of Canada

  On Monday, November 3, 2025, Tiff Macklem, Governor of the Bank of Canada, will participate in a fireside chat at The Logic Summit.

  Content Type(s): Press, Media advisories