Background materials

• January 1, 2021

  About legal tender

  Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.

  Content Type(s): Background materials Topic(s): Bank notes
• October 1, 2020

  Background information on foreign exchange rates

  Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website.

  Content Type(s): Background materials Topic(s): Exchange rates
• February 25, 2020

  Contingency Planning for a Central Bank Digital Currency

  This background note explains the Bank’s official position on CBDC. It outlines the public policy, design, technology and risk management issues the Bank is considering as it builds its capacity to issue a CBDC in case it is needed in the future.

  Content Type(s): Background materials Topic(s): Digital currencies and fintech
• November 13, 2019

  Greening the Bank of Canada

  We are taking steps to reduce our environmental footprint and our own operational risks related to climate change.

  Content Type(s): Background materials Topic(s): Climate change
• November 13, 2019

  Information on the Standing Term Liquidity Facility

  The Bank of Canada regularly reviews its Framework for Market Operations and Liquidity Provision to ensure it remains in line with the evolution of the Canadian financial system.

  Content Type(s): Background materials Source(s): Standing Term Liquidity Facility
• August 21, 2019

  Information on the Bank of Canada’s balance sheet

  This note provides an overview of the key elements of the Bank’s balance sheet and how it has evolved. It also outlines the principles governing the acquisition of financial assets.

  Content Type(s): Background materials
• October 24, 2016

  Renewal of the Inflation-Control Target (October 2016)

  Commentary and technical data relating to the 2016 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
• December 8, 2015

  Framework for Conducting Monetary Policy at Low Interest Rates

  This document outlines a series of monetary policy measures that could be deployed in a very low interest rate environment.

  Content Type(s): Background materials Topic(s): Monetary policy
• November 7, 2011

  Renewal of the Inflation-Control Target (November 2011)

  Commentary and technical data relating to the 2011 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
• November 1, 2006

  Renewal of the Inflation-Control Target (November 2006)

  Commentary and technical data relating to the 2006 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy