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

Introduction: What is decentralized finance? In recent years, the cryptoasset industry has experienced remarkable growth, with a total value of cryptoasset markets peaking at US$2.9 trillion in 2021.1 ...

Bank notes issued by the Bank of Canada, together with coins issued by the Royal Canadian Mint, are what is known as “legal tender.” That’s a technical term meaning the Government of Canada has deemed ...

If a market participant, say a hedge fund, were to sell 1% of the total available supply of Government of Canada (GoC) bonds—worth about $11 billion as of December 2024—how much would GoC bond prices ...

Canada is a large country with diverse regional economies. These regional economies have developed their own particular strengths—initially related to the natural resources of each area but also in ...

Learn about the economic impact of the COVID‑19 pandemic and the Bank’s actions to support the Canadian economy and financial system. The COVID‑19 pandemic represents a serious health threat to people ...

This note presents Bank of Canada staff’s current assessment of the US and Canadian neutral rates of interest. The neutral rate is where the Bank expects the policy rate would settle once output is at ...

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

In 2014, the Bank of Canada reviewed the process it used to select, develop and design the visual content for the Frontiers series bank notes. This work resulted in the development of set of ...

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.

For most of 2021 and into early 2022, variable mortgage rates were substantially lower than fixed mortgage rates. As a result, many borrowers opted for a variable-rate mortgage. These types of ...