January 2, 2026
Staff analytical papers
Staff analytical papers showcase research and analysis on various economic and financial topics.
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December 31, 2025
Quarterly Research Update – 2025 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. -
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December 23, 2025
Publication: Summary of Deliberations
13:30 (ET)
A summary of monetary policy deliberations by the Governing Council for the policy decision that was announced two weeks earlier. -
December 23, 2025
Release of the Bank of Canada’s summary of deliberations
On Tuesday, December 23, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on December 10, 2025. -
December 23, 2025
Summary of Governing Council deliberations: Fixed announcement date of December 10, 2025
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 10, 2025. -
December 23, 2025
Letter to industry - Update on Trust Tax Issue
This letter is in reference to the letter published by the Bank of Canada on September 8, 2025, indicating that there may be unintended consequences under the Income Tax Act for payment service providers (PSPs) seeking to comply with the Retail Payment Activities Act (RPAA). Specifically, the September letter noted that there could be tax consequences or administrative burden under the Income Tax Act for PSPs seeking to safeguard end-user funds using the “in trust in a trust account” method while retaining interest income on the end-user funds they hold.