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 ...

In this note, we present the annual update of the Bank of Canada staff estimates for growth of global potential output. These estimates served as key inputs to the April 2025 Monetary Policy Report ...

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.

Evan W. Siddall 2011 – 2013 Fort Reliance Co. / Irving Oil Ltd.

Since the 2007–09 global financial crisis, the total value of Canadian provincial bonds outstanding has more than doubled (Chart 1). At the end of the second quarter of 2018, provincial bonds made up ...

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 undergraduate classroom. The ...

It is vital for readers to understand that this account of economic research at the Bank of Canada is seriously non-definitive. For a start, it focuses on the 30-year period from the opening of the ...

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 ...