Uncategorized

• October 16, 2024

  Annual reporting

  This supervisory policy provides an overview of annual reporting requirements and clarifies how the Bank of Canada expects payment service providers to comply with those requirements.

  Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Reporting, Supervision
• October 16, 2024

  Reporting of retail payment activity metrics at registration

  This supervisory policy outlines the retail payment activity metrics that payment service providers must report at registration.

  Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration, Reporting
• October 16, 2024

  Notice of significant change or new activity

  This supervisory guideline explains the significant change and new activity notice requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank of Canada expects payment service providers to comply with them.

  Content Type(s): Retail payments materials, Supervisory guidelines Subject(s): Retail payments, Reporting, Supervision
• October 16, 2024

  Incident notification

  This supervisory guideline explains the incident reporting requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank of Canada expects payment service providers to comply with them.

  Content Type(s): Retail payments materials, Supervisory guidelines Subject(s): Retail payments, Reporting, Supervision
• October 16, 2024

  Operational risk and incident response

  This supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act comply with their obligations related to the identification and mitigation of their operational risks as well as their response to incidents.

  Content Type(s): Retail payments materials, Supervisory guidelines Subject(s): Retail payments, Operational risk and incident response, Supervision
• October 11, 2024

  rdnewsNOW

  

  Toni Gravelle, Deputy Governor of the Bank
  Interview with rdnewsNOW.com

  Content Type(s): Press, Media activities
• October 11, 2024

  Business Outlook Survey—Third Quarter of 2024

  Results from the Business Outlook Survey and the Business Leaders’ Pulse show that inflationary pressures continue to ease. Firms feel appropriately equipped to meet current and anticipated soft demand. Their investment and hiring plans are therefore modest. Expectations for growth in wages, input costs and selling prices have continued to normalize as inflation has come down.

  Content Type(s): Publications, Business Outlook Survey
• October 11, 2024

  The Bank of Canada releases the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations

  On Friday, October 11, 2024, the Bank of Canada will release the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

  Content Type(s): Press, Media advisories
• October 11, 2024

  Canadian Survey of Consumer Expectations—Third Quarter of 2024

  Consumers’ perceptions of current inflation and their expectations for inflation over the next year have declined this quarter, although they remain higher than they were before the COVID‑19 pandemic. Perceptions of financial stress have improved. And, given recent interest rate cuts and lower inflation, fewer consumers reported reducing their spending. However, consumers expect interest rates to remain elevated, which is affecting their spending decisions. Perceptions of the labour market have weakened further, with young consumers reporting a more pronounced deterioration than others. Still, overall, job prospects are close to survey averages.

  Content Type(s): Publications, Canadian Survey of Consumer Expectations
• October 10, 2024

  Red Deer Advocate

  

  Toni Gravelle, Deputy Governor of the Bank
  Interview with the Red Deer Advocate

  Content Type(s): Press, Media activities