News

As announced by the Prime Minister’s Office, the Bank of Canada will contribute to the Government of Canada’s plans to commemorate the historic reign of Her Majesty Queen Elizabeth II by issuing a commemorative bank note in 2015.

Deputy Governor Lynn Patterson discusses proposed changes to the Bank’s financial market operations.

In this issue, Bank researchers discuss inflation dynamics and global trade following the 2007–09 financial crisis. Other articles explore changes to the governance and regulation of the Canadian payments system and outline the banking services provided by the Bank of Canada. Finally, the results of the 2013 Methods-of-Payment Survey are presented.

The financial system needs reliable funding and market liquidity to support economic activity, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today in her speech to the Board of Trade of Metropolitan Montreal. “We learned from the crisis that liquidity can be a fickle friend, and its absence can amplify financial distress,” she said. […]

Senior Deputy Governor Wilkins discusses funding and market liquidity, and announces consultations on the Bank’s market operations and emergency lending frameworks.