The Boundaries of Bank Funding: The Case of Canadian Cash ETFs Staff analytical paper 2026-32 Jean-Sébastien Fontaine, Vincent Meh, Jayden Plener The rise and transformation of Canadian cash ETFs highlight that banking liquidity regulation affects more than bank resilience. By changing the relative attractiveness of deposits and securities, it can shape where asset managers allocate their cash across the financial system. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E4, E44, G, G1, G11, G18, G2, G23, G28 Research Theme(s): Financial markets and funds management, Funds management, Financial system, Financial institutions and intermediation
July 1, 2026 Panel: Tiff Macklem, Governor Sintra, Portugal ECB Forum on Central Banking Content Type(s): Upcoming events
July 1, 2026 Panel with Tiff Macklem, Governor of the Bank of Canada On Wednesday, July 1, 2026, Tiff Macklem, Governor of the Bank of Canada, will participate in a panel at the ECB Forum on Central Banking. Content Type(s): Press, Media advisories
June 30, 2026 Retail payments supervision: Key milestones Get an overview of our implementation of the Retail Payment Activities Act.
June 29, 2026 Reminder: PSP reporting obligations under the RPAA The Bank of Canada is issuing this communication to remind all payment service providers registered under the Retail Payment Activities Act of their ongoing reporting obligations. Content Type(s): Regulatory news Subject(s): Retail payments, Reporting, Supervision
Central Clearing in Repo Markets: Do the Benefits Extend to Non-Dealers? Staff analytical paper 2026-31 Danny Auger, Adrian Walton This note examines whether central clearing of repos benefits non-dealer participants in Canadian fixed-income markets. While prior research highlights lower funding and balance-sheet costs for dealers, less is known about client effects. Understanding these broader implications is important for assessing central clearing’s contribution to market efficiency and resilience. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E4, E44, G, G1, G12, G2, G21, G23 Research Theme(s): Financial markets and funds management, Market structure
June 29, 2026 Reporting changes to registration information This supervisory policy explains how the Bank of Canada expects registered payment service providers to comply with requirements to provide updated registration information. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration, Reporting
June 29, 2026 Criteria for registering payment service providers This supervisory policy helps individuals and entities determine if they are subject to the Retail Payment Activities Act and if they should register with the Bank. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Registration