Posts

• April 13, 2026

  Reconciliation Action Plan—2025 report

  The Bank of Canada published its Reconciliation Action Plan in the autumn of 2024. As of January 2026, we have started over 75% of the projects supporting the plan’s five goals and have completed almost 15% of them.

• The Impact of Mortgage Interest Costs on Rental Inflation Amid Population Growth

  Staff analytical paper 2026-14 Amina Enkhbold, Serdar Kabaca

  This note finds evidence of a positive and nonlinear relationship between mortgage interest costs (MIC) and rental inflation: the impact of MIC on rents is small when population growth is near its historical norm, but significantly stronger during periods of rapid population growth.

  Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E3, E31, E32, E5, E52 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission

• Supply Shocks in the Fog: The Role of Endogenous Uncertainty

  Staff working paper 2026-12 Anastasiia Antonova, Mykhailo Matvieiev, Celine Poilly

  Recessions feature elevated uncertainty. We develop a nonlinear imperfect-information New Keynesian model where procyclical information quality generates endogenous countercyclical uncertainty and precautionary saving. This demand channel can overturn the inflationary impact of negative supply shocks, making them deflationary, unless monetary policy stabilizes the output gap.

  Content Type(s): Staff research, Staff working papers JEL Code(s): D, D8, D81, D83, E, E2, E21, E3, E32, E5, E52 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
• April 9, 2026

  Contingent Term Repo Facility: Terms and conditions

  Read the terms and conditions of the Contingent Term Repo Facility.
• April 9, 2026

  Contingent Term Repo Facility

  The Contingent Term Repo Facility (CTRF) is the Bank of Canada’s repurchase agreement (repo) facility designed to counter severe market-wide liquidity stresses and to support the stability of the Canadian financial system.
• April 9, 2026

  Framework for market operations and liquidity provision

  Learn about the Bank’s policies for financial market operations and tools for providing liquidity to the financial system. This includes routine and emergency liquidity tools provided as part of the Bank’s role as lender of last resort.
• April 8, 2026

  Spring 2026 Debt Management Strategy Consultations

  The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on the Government of Canada’s domestic debt program and relevant market developments.

  Content Type(s): Press, Market notices
• April 8, 2026

  Bank of Canada announces 2025‑26 scholarship recipients 

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for the Master Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Announcements Source(s): Scholarship awards

• Measuring how financial sector economists respond to the tone of Bank of Canada communications

  

  Sparks at Bank article Amanda Wang, Xu Zhang, Xinfen Han

  The words central banks use to explain policy decisions matter. They can, in some cases, affect financial markets just like changes in policy interest rates do. For this reason, we built a tool to track the tone of the Bank of Canada’s policy communications and assess how tone affects market perceptions.

  Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation
• April 3, 2026

  Good Friday

  National holiday

  Content Type(s): Upcoming events