May 31, 2019
Posts
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Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment
We show that issuing a deposit-like central bank digital currency (CBDC) with a proper interest rate would encourage banks to pay higher interest to keep their customers. Banks would then attract more deposits and offer more loans. Hence, a CBDC would not necessarily crowd out private banking. -
May 30, 2019
Economic Progress Report: Investing in Growth
Senior Deputy Governor Carolyn A. Wilkins talks about the importance of business investment to the Canadian economy and reviews the latest interest rate decision. -
May 30, 2019
Economic progress depends on business investment
Senior Deputy Governor Carolyn A. Wilkins talks about the importance of business investment to the Canadian economy and reviews the latest interest rate decision. -
May 29, 2019
Quarterly Financial Report - First Quarter 2019
Quarterly Financial Report - First Quarter 2019 - For the period ended 31 March 2019 -
May 29, 2019
Bank of Canada maintains overnight rate target at 1 ¾ per cent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. -
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May 24, 2019
Policy on the Redemption of Contaminated or Mutilated Canadian Bank Notes
This policy provides guidance on the Bank’s approach to the assessment of applications for reimbursement. -
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