May 26, 2023
Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
May 18, 2023
Financial System Review—2023The adjustment to higher interest rates is exposing vulnerabilities in the global financial system. Recent banking sector stresses serve as a reminder that risks can arise and spread quickly. Key areas of concern are bank funding, liquidity in fixed income markets, and households’ ability to service their debts. Other financial system concerns relate to cyber attacks, climate change and cryptoasset markets.
May 15, 2023
Financial System Survey highlights—2023This article presents the key results from the 2023 Bank of Canada Financial System Survey, conducted between February 21 and March 10. The survey included a special section on margining practices for non-centrally cleared derivatives.
April 26, 2023
Summary of Governing Council deliberations: Fixed announcement date of April 12, 2023This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 12, 2023.
April 24, 2023
Annual Report 2022The Annual Report outlines the Bank’s activities and achievements in 2022. It includes the financial statements and a message from Governor Tiff Macklem.
April 24, 2023
Market Participants Survey—First Quarter of 2023The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
April 12, 2023
Monetary Policy Report – April 2023Inflation in Canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive monetary policy. The Bank projects that inflation will reach the 2% target by the end of 2024.
April 3, 2023
Business Outlook Survey—First Quarter of 2023Results from the first-quarter 2023 Business Outlook Survey and the Business Leaders’ Pulse surveys from January through March 2023 show a subdued sales outlook and plans for modest growth in capital expenditures. The labour market remains tight, but pressures have eased from high levels.
April 3, 2023
Canadian Survey of Consumer Expectations—First Quarter of 2023Results in the first quarter of 2023 show that consumer expectations for inflation one to two years ahead fell but remain elevated, particularly for services. Consumers, especially indebted households and equity-deserving groups, are facing financial pressures and limits on their spending due to high inflation and increasing interest rates. Consumers expect to spend less on discretionary services, such as travelling and eating out. Canadians continue to anticipate a recession in the next 12 months. Many are uncertain about where the economy and job markets are going. Despite this, workers still see the labour market as strong and expect wage growth to increase.
March 22, 2023