Credit cards are an increasingly common payment method—they now make up 39 percent of retail transactions and 56 percent of the total value of goods and services purchased. They are especially popular ...

US trade protectionism is making the economic outlook increasingly uncertain. To assess how consumer prices may respond to ...

Readability formulas At its broadest, the concept of readability includes not just the written text itself but also aspects such as the layout, visual elements and context. For example, the Bank’s web ...

Introduction Foreign demand for Government of Canada (GoC) bonds has increased rapidly since the financial crisis. This sudden interest by foreigners in the GoC market is associated with external ...

This issue of the Financial System Review reflects the Bank’s judgment that household indebtedness and housing market imbalances–the most important vulnerabilities for the Canadian financial ...

What we do The Canadian Fixed-Income Forum (Forum) is a senior level industry-wide committee established by the Bank of Canada to discuss developments in fixed-income market structure and functioning, ...

The following fictional case scenarios provide examples of payment functions that are, and are not, incidental to a marketplace. These include the provision and maintenance of an account; the holding ...

compliance order An order issued by the Governor’s delegate if they are of the opinion that a payment service provider (PSP) is committing or is about to commit an act that could have a significant ...

Viola Desmond was selected by the Minister of Finance to be featured on Canada’s next regularly circulating $10 bank note. The selection was drawn from a short list of five iconic Canadians who, ...

The Canadian Survey of Consumer Expectations (CSCE) is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of ...

1. As of the most recent Monetary Policy Report. Learn more on the MPR current and historical output gaps and the extended multivariate filter and integrated framework. The current MPR output gap ...

Strong economic growth means more demand for money In general, strong economic growth tends to lead to higher interest rates, while weak growth leads to low interest rates. Here’s why: When the ...