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9249 Results

October 29, 2024

Focusing our innovation

Accelerating and often disruptive, change calls for new ways of exploring ideas and solving problems. From the perspective of a central bank, this means exploring the potential of transformative technologies to change how we think and work. It also means leveraging the most advanced tools to draw novel insights from data. Meanwhile, we’ll use our leadership and expertise to ensure Canadian households and businesses can continue to participate in our economy with the utmost confidence in our bank notes and payments systems.
October 29, 2024

Sharpening our insights

In a volatile climate, the Bank must be ready to take swift and decisive action in response to shifting circumstances. This drives us to get better at what we do, especially when it comes to honing the insights that guide our decisions. We will develop and use state-of-the-art models and analytical tools. At the same time, we will foster deeper and more nuanced conversations with individuals and businesses across the country. We are committed to equipping every area of the Bank with the best information, ensuring our actions deliver the outcomes Canadians expect from us.
October 29, 2024

Amplifying our impact

To be a leading central bank, we must work beyond our own walls—taking a big-picture view as we move our priorities forward. That means ensuring our messages reach the people we are working for so that they better understand what we do and how it affects their own plans and choices. As we nurture relationships with the Bank’s domestic and international partners, we will focus on areas where we can lead, leveraging our strengths to collaborate and promote greater economic and financial stability for Canadians.
October 29, 2024

Sustaining our resilience

The Bank’s operations play a crucial role in enabling our work on behalf of Canada’s economy and financial system. Moving forward, we must be nimble in our decision-making and work efficiently to fulfill our mandate. At the same time, it is critical that we maintain the continuity of our operations while safeguarding against potential disruptions and threats. We must also ensure we have timely, relevant data at our fingertips to advance the opportunities that matter most to Canadians.
October 29, 2024

Equipping our workforce for the future

The Bank’s success in responding to change, and anticipating what comes next, is driven by its people. Our workforce must constantly learn and adapt to navigate the best path forward with confidence and skill. That means enhancing and reinforcing our leadership capabilities. It also means leveraging our diversity to encourage fresh ideas and different points of view. And it means fostering a shared understanding of the Bank’s distinct culture and how it shapes our efforts to carry out our strategy.

How do Canadians perceive access to cash?

Staff Analytical Note 2024-24 Heng Chen, Daneal O’Habib, Hongyu Xiao
This paper introduces a subjective measure of cash accessibility in Canada, complementing existing distance-based metrics developed by Chen, O’Habib and Xiao (2023). Analyzing data from the 2023 Methods-of-Payment Survey, this study explores how Canadians perceive their ease of accessing cash from automated banking machines (ABMs) and financial institution branches.

The Consumer Value Proposition for a Hypothetical Digital Canadian Dollar

Staff Discussion Paper 2024-16 Martine Warren, Bill Laur, Ted Garanzotis, Sebastian Hernandez
We explore the consumer value proposition of a hypothetical Digital Canadian Dollar, adoption considerations and the users who would benefit most from this potential new payment method. We employ a design-thinking consultation methodology, allowing participants to interact with research prototypes of increasing complexity to reveal user preferences, constraints and adoption influences.
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