We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a heterogeneous-expectations model to study how inflation expectations form over the business cycle.

We assess both the US and Canadian nominal neutral rates to be in the range of 2.25% to 3.25%, unchanged from the range ...

This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.

The stability of the Canadian financial system, as well as its ability to support the Canadian economy, depends on the ability of financial institutions to absorb and manage major shocks. This is ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

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 ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.