May 26, 2010
Payment systems the Bank of Canada oversees
Learn what a payment system is, how payments are processed and how the payment system is being modernized.
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May 26, 2010
Lender of last resort
The Bank of Canada, as Canada's central bank, is the ultimate source of liquid funds to the financial system. Learn about this role, known as “lender of last resort". -
May 26, 2010
Regulatory oversight of designated clearing and settlement systems
Learn about the Bank’s role in overseeing financial market infrastructure (FMIs), its oversight responsibilities and powers under Canada’s Payment Clearing and Settlement Act, and which FMIs are considered systemically important. -
May 26, 2010
Financial system
Canada's financial system consists of financial institutions, such as banks and credit unions; the financial markets; and payments systems. -
May 26, 2010
Senate Committee on National Finance
At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint. -
May 26, 2010
Selected media activities
Access links to media activities by the Governor, Senior Deputy Governor and Deputy Governors. -
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May 26, 2010
Media contacts
Our consultants are available from 08:30 to 17:00 ET, Monday to Friday. We will normally reply to all media calls and emails within four hours. -
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