Christopher Henry

Survey Methodologist

Christopher (Chris) is a Survey Methodologist. He joined the Bank in 2012. In his role, Christopher contributes to the design, implementation, and analysis of a range of surveys that measure the use of cash and alternative methods of payment.  He holds an MA in Economics from Western University and an MSc in Mathematics from McMaster University.

Contact

Christopher Henry

Survey Methodologist
Currency
Economic Research and Analysis

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Latest

2017 Methods-of-Payment Survey: Sample Calibration and Variance Estimation

Technical Report No. 114 Heng Chen, Marie-Hélène Felt, Christopher Henry
This technical report describes sampling, weighting and variance estimation for the Bank of Canada’s 2017 Methods-of-Payment Survey. Under quota sampling, a raking ratio method is implemented to generate weights with both post-stratification and nonparametric nonresponse weight adjustments.
Content Type(s): Technical Reports Topic(s): Econometric and statistical methods JEL Code(s): C, C8, C81, C83

2017 Methods-of-Payment Survey Report

Staff Discussion Paper 2018-17 Christopher Henry, Kim Huynh, Angelika Welte
As the sole issuer of bank notes, the Bank of Canada conducts Methods-of-Payment (MOP) surveys to obtain a detailed and representative snapshot of Canadian payment choices, with a focus on cash usage. The 2017 MOP Survey is the third iteration. This paper finds that the overall cash volume and value shares are 33 per cent and 15 per cent, respectively.
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Bank notes, Digital Currencies and Fintech, Financial services JEL Code(s): D, D8, D83, E, E4, E41

Bitcoin Awareness and Usage in Canada: An Update

Staff Analytical Note 2018-23 Christopher Henry, Kim Huynh, Gradon Nicholls
The results of our 2017 Bitcoin Omnibus Survey (December 12 to 15, 2017) when compared with those from 2016 show that Bitcoin “awareness” increased from 64 to 85 per cent, while ownership increased from 2.9 to 5.0 per cent. Most Bitcoin purchasers are using the cryptocurrency as an investment and not as a means of payment for goods or services.
Content Type(s): Staff Research, Staff Analytical Notes Topic(s): Bank notes, Digital Currencies and Fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, E, E4

Bitcoin Awareness and Usage in Canada

Staff Working Paper 2017-56 Christopher Henry, Kim Huynh, Gradon Nicholls
There has been tremendous discussion of Bitcoin, digital currencies and FinTech. However, there is limited empirical evidence of Bitcoin’s adoption and usage. We propose a methodology to collect a nationally representative sample using the Bitcoin Omnibus Survey (BTCOS) to track the ubiquity and usage of Bitcoin in Canada.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Bank notes, Digital Currencies and Fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, E, E4

2013 Methods-of-Payment Survey Results

Staff Discussion Paper 2015-4 Christopher Henry, Kim Huynh, Rallye Shen
As the sole issuer of bank notes, the Bank of Canada conducts methods-of-payment (MOP) surveys to obtain a detailed and representative snapshot of Canadian payment choices, with a focus on cash usage.
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Bank notes, Digital Currencies and Fintech JEL Code(s): E, E4

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