Bank of Canada
AI's potential to reshape jobs, boost productivity
Bank of Canada External Deputy Governor Michelle Alexopoulos discussed the evolving impact of artificial intelligence on jobs, productivity, and economic growth.
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AI to reshape Canada's economy, jobs, and productivity
Bank of Canada External Deputy Governor Michelle Alexopoulos discussed the transformative potential of artificial intelligence for Canada's economy.
Tokenized CBDC optimal under specific crypto conditions
A Bank of Canada staff working paper develops a general equilibrium model to assess the optimal design of a central bank digital currency (CBDC).
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Global crypto flows: Macro shifts and payments are key drivers
A Bank of Canada working paper identifies key motives behind cross-border cryptocurrency flows, including responses to macro-financial developments and international payments.
Macklem: BOC holds rates, eyes inflation risks
Bank of Canada Governor Tiff Macklem announced the Governing Council maintained the policy interest rate at 2.25 percent.
Macklem: Policy nimble as global events shape outlook
Bank of Canada (BoC) Governor Tiff Macklem stated the Governing Council maintained the policy interest rate at 2.25 percent, emphasizing the need for nimble monetary policy amid global events.
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Canada's growth modest, inflation near 2% target
The Bank of Canada projects modest economic growth and inflation near its 2 percent target.
Bank of Canada appoints two Deputy Governors
The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.
Canadian consumers expect higher prices, soft labor market
The Bank of Canada's latest Survey of Consumer Expectations for Q1 2026 reveals muted spending plans and a soft labor market, with near-term inflation expectations remaining above average.
Business sentiment improves, inflation expectations tick up
Canadian business sentiment improved in Q1 2026, with firms reporting better sales and investment intentions.
Study: Joint stimulus fueled inflation, hurt inclusion
Macroeconomic policy after a crisis faces a dilemma: prolonged stimulus can foster inclusive labor market recovery but risks igniting inflation.
Endogenous uncertainty can turn supply shocks deflationary, amplifying output decline
A Bank of Canada working paper finds that endogenous uncertainty can turn negative supply shocks deflationary, amplifying output decline.