Integrating Non-traditional Data and AI into Central Banking: A Canadian Perspective Staff analytical paper 2026-17 James Chapman, Ajit Desai, Maryam Haghighi, James (Jim) C. MacGee This paper reviews how central banks are integrating non traditional data and artificial intelligence (AI) into policy analysis and operations. Using the Bank of Canada’s experience, it examines emerging applications, governance challenges, and strategic choices for responsibly scaling AI to enhance insight, efficiency, and institutional resilience. Content Type(s): Staff research, Staff analytical paper JEL Code(s): C, C4, C45, C5, C55, C8, C88, L, L2, L23, M, M1, M15, O, O3, O33 Research Theme(s): Financial system, Financial stability and systemic risk, Monetary policy, Monetary policy tools and implementation, Money and payments, Payment and financial market infrastructures
Communicating the Future Direction of Policy Staff analytical paper 2026-16 Jonathan Witmer, Monica Jain This note discusses several ways the BoC could increase communication around future policy, leveraging methods other central banks have used, and discussing the pros and cons of each method for the BoC, keeping in mind that policy rate forecasts typically are not informative beyond 1 or 2 quarters. Content Type(s): Staff research, Staff analytical paper JEL Code(s): D, D8, D83, E, E5, E58 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation
May 14, 2026 Bank of Canada Media Interview – The Peterborough Examiner Michelle Alexopoulos, Deputy Governor of the Bank of Canada, gave an interview to The Peterborough Examiner. Content Type(s): Press, Media advisories
May 14, 2026 Retail payments supervision and access to Real-Time Rail Consumers and businesses benefit from innovation in the payment system when the right precautions are in place. Our supervisory framework will complement work led by Payments Canada to modernize Canada’s core payment systems.
May 14, 2026 Retail payments We supervise payment service providers under the Retail Payment Activities Act. We make sure providers meet risk management requirements and keep your funds safe. Payment service providers are required to register with the Bank and to comply with requirements for operational risk management and safeguarding end-user funds.
May 14, 2026 Consumer-driven banking Under the Consumer-Driven Banking Act, we are responsible for supervising the participation of financial institutions, credit unions, payment service providers, Fintechs and third-party service providers.
May 14, 2026 Stablecoins Under the Stablecoin Act, we will regulate non-financial institutions that issue stablecoins to Canadians.