The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

We present core findings from the 2024 Methods-of-Payment Survey, highlighting results from both the survey questionnaire and three-day shopping diary. Although cash holdings have increased in nominal ...

The premium on “on-the-run” Treasuries is an anomaly. I explain it using a model in which primary dealers hold inventories of Treasuries. I use the model to analyze the effects of granting access to ...

We study how the transmission of monetary policy innovations is affected by the endogenous response of the central bank to macroeconomic aggregates in a two-agent New Keynesian model. We focus on how ...

On Wednesday, August 13, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on July 30, 2025.

Inflation over time In 1991, the Government of Canada and the Bank of Canada agreed it would be good for Canadians to have low, stable and predictable inflation. This agreement made the Bank ...

On Tuesday, August 26, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak at the Bank of Mexico’s 100th Anniversary Seminar.

This supervisory policy outlines the Bank of Canada’s (the Bank) powers and procedures to refuse to register applicants or revoke the registration of payment service providers (PSPs) based on the ...

As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends. Every four years, we reach out to Canadians to ask them how they pay for things.

In 2016, the Bank and the Government of Canada renewed their Inflation-Control Target agreement. Learn about our research priorities that led up to the renewal.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. We supervise payment service providers under the Retail Payment ...

CFIF is a group set up by the Bank of Canada to facilitate the sharing of information between market participants and the Bank on the Canadian fixed-income market.