Investments drive economic activity, which benefits both companies and workers. New equipment can make a business more ...

What’s behind your mortgage rate Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.

Recent policy changes are having a clear impact on the mortgage market. The number of new, highly indebted borrowers has fallen, and overall mortgage activity has slowed significantly.

In recent years, the liquidity in the secondary market for Canadian provincial bonds was a concern for many market participants. We find that a proxy for the bid-ask spread has deteriorated modestly ...

This is a list of people who have served in the senior-most positions at the Bank of Canada since 1934. Canada’s central bank is led by a Governing Council – the Governor, the Senior Deputy Governor ...

We’ve started the design process for the new $20 bank note featuring His Majesty King Charles III. See more about the new note and our design process.

The Bank of Canada (the “Bank”), as issuer of Canadian bank notes, offers a service for the redemption, in appropriate cases, of claims for Canadian bank notes that have become contaminated or ...

About the Governor's Challenge The Governor’s Challenge is an annual university outreach program organized and sponsored by the Bank of Canada and designed to bring real-world economics into the ...

The cost of borrowing Government of Canada treasury bills (t-bills) in the repurchase (repo) market is mainly explained by the relationship between the parties involved. Some pairs of parties conduct ...

We conduct a randomized information experiment leveraging the Canadian Survey of Consumer Expectations. We provide causal evidence that respondents revise both their short- and medium-term ...

We identify a few Bank of Canada press releases that had the largest immediate impact on the exchange rate market. We find that volatility increases after these releases, but the effect is short-lived ...