May 13, 2026 Speech by Michelle Alexopoulos, External Deputy Governor of the Bank of Canada On Wednesday, May 13, 2026, Michelle Alexopoulos, External Deputy Governor of the Bank of Canada, will speak at the Ottawa Economics Association (OEA) and the Canadian Association for Business Economics (CABE) 2026 Spring Policy Conference. Content Type(s): Press, Media advisories
May 13, 2026 Speech: Michelle Alexopoulos, External Deputy Governor Ottawa, Ontario Content Type(s): Upcoming events
May 12, 2026 CDB ADCOM Meeting (May 12, 2026) Topics: First meeting, Discussion note Content Type(s): Meetings Source(s): Consumer-Driven Banking Advisory Committee
How Canada’s counter-tariffs impacted consumer prices Sparks at Bank article Alberto Cavallo, Olena Kostyshyna, Oleksiy Kryvtsov, Matías Vieyra For six months in 2025, Canada imposed counter tariffs on a wide range of goods from the United States. This short and well defined episode offers a unique opportunity to examine how Canadian retailers adjust prices in response to tariffs—and how retailers’ expectations and transparency with consumers affect pricing decisions. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, International trade, finance and competitiveness
May 11, 2026 Consumer-Driven Banking Advisory Committee The Consumer-Driven Banking Advisory Committee (CDB ADCOM) provides industry perspective and advice to the Bank of Canada and the Department of Finance. This advice supports the Bank’s work to design and operationalize the Consumer-Driven Banking Framework in a way that meets legislative objectives while considering industry needs.
May 11, 2026 Market Participants Survey—First Quarter of 2026 The Market Participants Survey results are based on questionnaire responses from about 28 financial market participants. Content Type(s): Publications, Market Participants Survey
May 11, 2026 Release: Market Participants Survey 10:30 (ET) The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy. Content Type(s): Upcoming events
Patterns and Determinants of Global Cryptocurrency Flows Staff working paper 2026-15 Christian Friedrich, Laura Zhao This paper analyzes cross-border cryptocurrency flows, focusing on Bitcoin and four major stablecoins. Using data for 162 countries, we identify the key determinants, including responses to weak economic conditions and demand for remittances. A COVID-19 case study supports these findings and emphasizes the role of cryptocurrencies in global finance. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E4, F, F3, F32, F38, F5, F51, G, G1, G15, G2, G23 Research Theme(s): Money and payments, Digital assets and fintech
To Tokenize, or Not to Tokenize: The Design Question for a Central Bank Digital Currency Staff working paper 2026-14 Jonathan Chiu, Cyril Monnet, Oliver Xu This paper develops a general equilibrium model to assess central bank digital currency (CBDC) design in a monetary system where traditional banks and “crypto banks” (i.e., banks that issue stablecoins) coexist. We compare tokenized and non-tokenized CBDC, showing that their desirability depends on the reliability of private money provision, the availability of collateral assets and the features of the crypto sector. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E5, E50, E58 Research Theme(s): Money and payments, Digital assets and fintech, Payment and financial market infrastructures