We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

We draw on the Canadian experience to examine how monetary and macroprudential policies interact and possibly complement each other in achieving their respective price and financial stability ...

The new $5 note will enter circulation only after the issuance of the next $20 note in early 2027. In the meantime, our ...

According to the Bank of Canada’s Methods-of-Payment (MOP) surveys in recent years, more than 80% of retail consumer purchases in Canada occur at physical locations.1 This suggests that such ...

We investigate the macroeconomic impacts of mothballed businesses—those that closed temporarily—on sectoral equilibrium prices after a negative demand shock. Our results suggest that pandemic fiscal ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

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.

What does the future hold? Does it look like Star Trek or Blade Runner? Paradise or dystopia? From automation, to machine learning and artificial intelligence, to the threat of robots taking all our ...

Our head office complex at the corner of Wellington, Bank and Sparks Streets is known for its unique architecture, a balance of modern and classical styles. It began in 1938 with the original granite ...