May 8, 2023
Background materials
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February 24, 2023
The lifespan of a bank note
At the Bank of Canada, we assessed the life cycle of bank notes to confirm that polymer notes have a smaller environmental footprint than paper notes. Polymer notes have a longer life and then are recycled. -
February 14, 2023
About the Bank’s interest earnings
The Bank of Canada’s balance sheet reflects the unique role it plays as Canada’s central bank. It is different from the balance sheets of other financial institutions—the assets and liabilities on the Bank’s balance sheet are intended to support its core functions rather than to generate profit. -
September 28, 2022
Bank of Canada response to detailed review report
The Bank of Canada thanks the International Monetary Fund (IMF) for undertaking its thorough and thoughtful pilot review of the Bank under the new Central Bank Transparency Code (CBTC). We welcome the publication of this final review report by the IMF Mission Team and the associated recommendations. -
May 24, 2022
An Overview of Lynx, Canada’s High-Value Payment System
This document provides an overview of Lynx—Canada’s high-value payment system—and summarizes the system’s design. It explains the development and purpose of Lynx as well as the legal and regulatory framework governing its operation. It also describes the various settlement mechanisms and processes Lynx uses to allow system participants to meet their diverse payment needs while ensuring that risks that arise in the system are managed appropriately. -
April 4, 2022
Backgrounder on the Business Outlook Survey question on firms’ average expected wage increase
Firms participating in the Business Outlook Survey (BOS) are asked several questions about labour markets. One such question is whether they expect wage growth to increase or decrease over the next 12 months. The responses to this question, combined with related confidential comments, give a picture of the state of wage pressures in the economy. This, along with wage data and several labour market indicators, inform the Bank about labour market conditions. -
December 13, 2021
Monetary Policy Framework Renewal (December 2021)
Commentary and technical data relating to the 2021 renewal. -
October 13, 2021
Climate change and the Bank of Canada
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint. -
September 10, 2021
About the Bank of Canada’s balance sheet
At the Bank of Canada, our balance sheet reflects the unique role we play as Canada’s central bank. Get an overview of how it’s used to acquire assets and support our core functions, and learn about the types of assets and liabilities we hold. -
January 11, 2021
Backgrounder on Business Outlook Survey data by region, sector and firm size
Every quarter, the Bank of Canada surveys about 100 firms and publishes the resulting narrative and related data in the Business Outlook Survey (BOS). Firms are asked to participate based on several criteria—most importantly, their region, sector and size.