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  • April 26, 2022

    Preparing for a central bank digital currency

    In 2021, the Bank continued to build its capacity for issuing a central bank digital currency (CBDC)—a digital form of money the central bank would make available to all Canadians.
  • April 26, 2022

    Annual Report 2021

    The Annual Report outlines the Bank’s activities and achievements in 2021. It includes the financial statements and a message from Governor Tiff Macklem.
    Content Type(s): Publications, Annual Report
  • April 26, 2022

    Annual Report 2021

    The Annual Report outlines the Bank’s activities and achievements in 2021. It includes the financial statements and a message from Governor Tiff Macklem.
  • April 26, 2022

    Advancing the Bank’s climate change work

    Climate change poses significant risks to the economy and financial system. In 2021, the Bank deepened its understanding of these risks and continued its efforts to reduce its carbon footprint and manage climate-related risks to its operations.
  • April 26, 2022

    Funds management

    The Bank’s funds management activities in 2021 largely continued at the same heightened pandemic-related levels as in 2020. The Government of Canada continued financing its COVID‑19 support measures, issuing still-elevated amounts of federal government debt into the market.
  • April 26, 2022

    Global engagement

    In 2021, the Bank focused its international efforts on the global macroeconomic policy response to the evolving impacts of the COVID‑19 pandemic, global policies related to climate change and the digitalization of the economy, the future of the international monetary and financial system, and promoting and reinforcing the resilience of the international financial system.
  • April 26, 2022

    Renewing the Bank’s monetary policy framework

    Every five years, the Bank and the Government of Canada review and renew their agreement on Canada’s monetary policy framework. In 2021, Canada’s flexible inflation-targeting framework was renewed for 2022 to 2026.
  • April 26, 2022

    Governance

    The Bank of Canada Act provides the legal authority and framework for governance of the Bank of Canada.
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