Posts
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Using new loan data to better understand mortgage holders
The Bank of Canada is using an enhanced dataset that tracks the stock of outstanding mortgages and home equity lines of credit held by federally regulated lenders. This paper highlights some of the new details in the dataset and how they impact the Bank’s understanding of the mortgage market. -
January 7, 2025
Notes on the indicators of financial vulnerabilities
Take an in-depth look at the indicators related to the financial vulnerabilities of elevated level of household indebtedness and high house prices. -
January 1, 2025
Governance documents
Legislation, reports, plans, policies and other documents relating to the governance of the Bank. -
December 31, 2024
Quarterly Research Update – 2024 Q4
This newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -
December 23, 2024
Summary of Governing Council deliberations: Fixed announcement date of December 11, 2024
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 11, 2024. -
December 23, 2024
Release of the Bank of Canada’s summary of deliberations
On Monday, December 23, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on December 11, 2024. -
Interaction of Macroprudential and Monetary Policies: Practice Ahead of Theory
We draw on the Canadian experience to examine how monetary and macroprudential policies interact and possibly complement each other in achieving their respective price and financial stability objectives. -
December 20, 2024
Our next $5 bank note
On December 16, 2024, the Government of Canada announced that Terry Fox will feature on the new $5 note. -
CBDC in the Market for Payments at the Point of Sale: Equilibrium Impact and Incumbent Responses
We simulate introducing a central bank digital currency (CBDC) and consider consumer adoption, merchant acceptance and usage at the point of sale. Modest adoption frictions significantly inhibit CBDC market penetration along all three dimensions. Incumbent responses to restore pre-CBDC market shares are moderate to small and further reduce the impact of a CBDC.