In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation ...

Deputy Governor Rhys Mendes discusses how monetary policy worked to bring inflation back down to target and why the Bank ...

Rhys Mendes, Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show Island Morning. Please visit https://www.cbc.ca/listen/live-radio/1-30-island-morning for more information.

Derivatives exchanges often determine collateral requirements, which are fundamental to market safety, with dated risk models assuming normal returns. However, derivatives returns are heavy-tailed, ...

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 ...

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 ...

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 ...

The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...

Trade is dominating the news these days. With the barrage of headlines and the talk about protectionism and tariffs, it’s easy to forget that much of our economic growth and prosperity comes from ...

In Canada, 39% of households have a mortgage (Statistics Canada 2024). For these households, mortgage payments typically represent their single largest regular expenditure. Ensuring that households ...

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