A healthy mortgage market balances the interests of three groups: Borrowers look for lower payments and greater flexibility, so they may be interested in: Lenders and investors want a good rate of ...

The bottom line is that the mortgage market is a careful balance between a variety of policy objectives and a range of ...

In response to the severe market dysfunction and the sharp increase in demand for liquidity that happened at the onset of the COVID‑19 pandemic, the Bank of Canada undertook several extraordinary ...

Address by Ricardo Reis, London School of Economics, with introductory remarks by Rhys Mendes, Deputy Governor.

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

Over the years, the Bank of Canada has adjusted the way it sets its key interest rate. Following is a brief history of the key rate from the Bank’s founding in 1935 until the present. The original key ...

Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...

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 ...

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 ...

In June 2019, Facebook and its partners announced a plan to launch Libra, a private digital currency backed by financial assets. Their goal is to enable domestic and cross-border money transfer in a ...

House price expectations play an important role in observed housing market dynamics. This note adds to a growing literature aimed at better understanding how expectations of future changes in house ...