September 30, 2026 National Day for Truth and Reconciliation National holiday Content Type(s): Upcoming events
September 16, 2026 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. Content Type(s): Upcoming events
September 2, 2026 Interest Rate Announcement 09:45 (ET) On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Content Type(s): Upcoming events
Canadian businesses’ use of AI: What the evidence shows Sparks at Bank article Chanya Chawla, Crystal Arnburg As businesses worldwide are adopting artificial intelligence to boost productivity, little has been known about how businesses in Canada are using it. Survey results from the Bank of Canada show that AI adoption remains at an early stage for many Canadian businesses. As well, businesses expect AI to affect capital spending and employment, but only gradually. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Structural challenges, Digitalization and productivity
August 21, 2026 Release: Senior Loan Officer Survey The Senior Loan Officer Survey collects information on the business-lending practices of Canadian financial institutions. Content Type(s): Upcoming events
Time Use and Consumption Expenditures Staff working paper 2026-29 Daniela Hauser, Stefano Gnocchi, Laure Simon This paper shows that consumption activities toward which households reallocate more time in recessions see larger expenditure declines, revealing a systematic link between time-use and expenditure cyclicality. A two-sector New Keynesian model shows this time-expenditure substitution explains roughly forty percent of consumption's response to monetary policy shocks. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D1, D12, E, E2, E21, E3, E32, E5, E52, J, J2, J22 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
2025 Methods-of-Payment Survey Report: Cash in an Increasingly Digital and Mobile Economy Staff analytical paper 2026-36 Marie-Hélène Felt, Saika Pacouloute, Angelika Welte The 2025 Methods-of-Payment Survey provides insights into how Canadians pay for their day-to-day purchases and how they use cash (i.e. banknotes and coins). While contactless card payments dominate in-person transactions, most Canadians maintain favourable views on cash and still hold and use it. They are also increasingly adopting mobile payments. Content Type(s): Staff research, Staff analytical paper JEL Code(s): D, D8, D83, E, E4, E41 Research Theme(s): Money and payments, Cash and bank notes, Retail payments
How Do Interest Rates Spur the Housing Market: Exploring Nonlinear Effects Staff analytical paper 2026-35 Benjamin Straus, Stéphane Surprenant, Kerem Tuzcuoglu In this note we examine how monetary policy affects housing demand, supply and prices in Canada, and whether these effects vary with labour market conditions Content Type(s): Staff research, Staff analytical paper JEL Code(s): C, C3, C32, E, E5, E52, R, R3, R31 Research Theme(s): Monetary policy, Monetary policy framework and transmission