February 18, 2025 What does the Bank of Canada do? The Bank has five main areas of responsibility that affect Canadians’ everyday lives. Content Type(s): Explainers
February 18, 2025 How is the Bank of Canada run? The Bank of Canada is a Crown corporation that is run independently from the government. Content Type(s): Explainers
February 18, 2025 Is the Bank of Canada independent from government? The Bank of Canada is a Crown corporation that is owned by the federal government, but we are separate from the political process. Content Type(s): Explainers
February 3, 2025 Understanding quantitative easing QE is a tool that encourages spending and investment—helping us to achieve our inflation target by stabilizing the economy. Content Type(s): Explainers Topic(s): Inflation targets, Monetary policy
December 20, 2024 What is a central bank? A central bank works to ensure a country’s economic stability and its citizens’ financial well-being. Content Type(s): Explainers
July 28, 2022 Understanding seigniorage At the Bank of Canada, we cover the cost of day-to-day business with “seigniorage,” which means earning money from issuing bank notes. Content Type(s): Explainers Topic(s): Bank notes
April 13, 2022 Understanding our policy interest rate At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you. Content Type(s): Explainers Topic(s): Monetary policy
December 24, 2021 Understanding the output gap The output gap is the difference between what an economy actually produces and what it would produce in an ideal world. Content Type(s): Explainers Topic(s): Productivity
December 24, 2021 Understanding productivity High productivity helps raise our standard of living and keep our economy competitive. Content Type(s): Explainers Topic(s): Productivity
May 19, 2021 Understanding the consumer price index The consumer price index (CPI) tracks how much the average Canadian household spends, and how that changes over time. At the Bank of Canada, we use it to target inflation. Content Type(s): Explainers Topic(s): Inflation and prices, Inflation targets