June 10, 2020 Our COVID-19 response: Keeping markets liquid Toni Gravelle When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
May 27, 2020 What’s behind your mortgage rate Yang Xu, Yi Zheng Here’s what determines the interest rate on your mortgage—and why that rate can go up and down. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation
May 22, 2020 Our COVID-19 response: Policy actions Timothy Lane In the days and weeks since the COVID-19 pandemic came to Canada, the Bank of Canada has been taking action to ensure our economy and financial system are weathering the unprecedented shock of the shutdown. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
March 6, 2020 Evaluating our approach to monetary policy James (Jim) C. MacGee, Rhys R. Mendes Inflation targeting has been successful in Canada over the past 30 years. But is it the best we can do? The Bank of Canada asks itself, and Canadians, that question every five years. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
November 19, 2019 How and why central banks think about climate change Erik Ens, Adrian Guerin Climate change is transforming the economy and financial system Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
October 24, 2019 How Canadians pay for things Kim Huynh From cash to contactless cards—what’s in our wallets? Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Bank notes, Digital currency, Financial system, Financial stability, Fintech
April 26, 2019 The road to digital money Stephen Murchison From beaver pelts to paper money to digital currencies Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Digital currency, Financial system, Financial stability, Fintech
January 31, 2019 Making cents of wages Russell Barnett, José Dorich Ever wonder how your wages are determined? You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth, Inflation
October 16, 2018 Keeping the financial system healthy Joshua Slive, Donald Coletti We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
October 16, 2018 Navigating digital disruption and the economy Eric Santor Technology can enhance efficiency and help create new jobs, but challenges like automation's impact on employment also need careful consideration and proactive solutions. Content Type(s): Publications, The Economy, Plain and Simple