Bank of Canada
BOCSpeech
High energy prices and trade barriers push inflation above target
Bank of Canada Governor Tiff Macklem stated on September 21, 2026, that trade tensions and high energy costs have pushed inflation above the central bank's two percent target.
Focus
BOCPaper
Credit crises trigger jobless recoveries unless inflation spikes
Financial crises in developed economies trigger jobless recoveries with employment staying 3.4 percent below pre-crisis levels at output recovery.
BOCPaper
Quantum reordering frees up to €167 million daily in TARGET2
Reordering payment batches with quantum and classical algorithms reduces daily liquidity requirements in TARGET2 by up to €167 million, according to research by the Bank of Italy and the Bank of Canada.
Latest
BOCPaper
Two-step estimator maps term structure models to bond supply shocks
A Bank of Canada working paper introduces a two-step estimator that bypasses fixed-point problems by mapping Gaussian dynamic term structure models into portfolio-balance primitives.
BOCPaper
Robot adoption expands payroll and lifts non-owner labor share
Industrial robot adoption by Canadian private manufacturers increased non-owner worker payroll by 71 percent and raised the labor share of value added by 1.4 percentage points between 2002 and 2018, according to a Bank of Canada working paper.
BOCDecoder
AI transforms work but broad economic gains take time
Artificial intelligence will reshape workplace tasks and productivity over decades, though broad economic gains take time to materialize.
More Topics
BOCNews
Governing Council opens search for external Deputy Governor
Canada's central bank board has launched a formal search for an external Deputy Governor to join its Governing Council.
BOCPaper
Lean inventories double supply chain losses from river floods
A Bank of Canada working paper reveals that lean inventory systems accelerate the propagation of river flood shocks through global supply chains, pushing output losses up to 7.5 percent compared to 4.0 percent under abundant inventories across 244 simulated flood scenarios.
BOCSpeech
King Charles III appears on new vertical $20 bank note
The Bank of Canada has unveiled a new vertical $20 bank note featuring the portrait of King Charles III and the Canadian National Vimy Memorial.
BOCPaper
Time-expenditure substitution explains 40 percent of policy impact
A Bank of Canada staff working paper finds that household time reallocation explains consumption cyclicality across categories.
BOCNews
RCMP constable receives 2026 counterfeit deterrence award
The Bank of Canada awarded Constable Michael Scott-Doornink of the Royal Canadian Mounted Police the 2026 Law Enforcement Award of Excellence for Counterfeit Deterrence at the Canadian Association of Chiefs of Police Summit in Edmonton on August 18.
BOCNews
Labour board rulings followed during security officer strike
Bank of Canada Governor Tiff Macklem responded to Canadian Labour Congress President Bea Bruske on July 30, 2026, affirming compliance with Canada Industrial Relations Board rulings regarding replacement workers during an ongoing security officer strike.