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An official cryptocurrency would put pressure on traditional bank funding and fees

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Plan for a gradual increase in interest rates, chief economist says

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Hub for central bank innovation expanding to four new locations

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 12:14
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Program remains unchanged despite economic slowdown

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Announcement comes as Covid-19 related shutdowns hurt pre-Christmas sales revenue

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The central bank sees increasing challenges for both banks and companies as the pandemic wears on

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The pilot will use climate change scenarios to assess risks

  • By: Staff
  • November 16, 2020 November 16, 2020
  • 13:53

BoC deputy governor warns of long-lasting pandemic 'scars' on economy

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A report from National Bank says the central bank should relax its bond-buying program

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The central bank will wind up liquidity programs and reduce repo operations