February 27, 2018 Summary of Comments – 2018–19 Debt Management Strategy Consultations Today, the 2018–19 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Debt Management Strategy for 2018–19. Content Type(s): Press, Market notices
February 27, 2018 Background information on the bank note legal tender initiative in Budget 2018 Media Relations Ottawa, Ontario The Bank of Canada today published additional information on the federal government’s 2018 budget initiative to seek the authority to remove legal tender status from Canadian bank notes. Content Type(s): Press, Press releases
February 26, 2018 About legal tender Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
February 22, 2018 $1 commemorative note (1967) In honour of the 100th anniversary of Confederation, a modified version of the 1954 $1 note was issued, bearing the date 1967.
February 22, 2018 $25 commemorative note (1935) A commemorative $25 note bearing the date 6 May 1935 was issued in honour of the Silver Jubilee of King George V.
February 22, 2018 Banking and Financial Statistics - February 2018 Content Type(s): Publications, Historical: Banking and Financial Statistics
The “Too Big to Fail” Subsidy in Canada: Some Estimates Staff Working Paper 2018-9 Patricia Palhau Mora Implicit government guarantees of banking-sector liabilities reduce market discipline by private sector stakeholders and temper the risk sensitivity of funding costs. This potentially increases the likelihood of bailouts from taxpayers, especially in the absence of effective resolution frameworks. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G1, G13, G2, G21, G28
February 15, 2018 Anchoring Expectations: Canada’s Approach to Price Stability Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credibility, Fiscal policy, Inflation and prices, Inflation targets, Monetary policy framework