Central bankers argue that programmable digital currencies may compromise the uniformity of money. We explore this in a stylized model where programmable money arises endogenously, and differently ...

Introduction In response to recent tariffs imposed on Canada by the United States, the Canadian government has introduced counter-tariffs on certain goods imported from the United States. 1 A key ...

The surge in trade and inventories boosted the economy—Canadian GDP growth was 2.2% in the first quarter. But getting ahead of tariffs borrowed activity from the future, and we’re now seeing a sharp ...

We develop statistical inferences for a non-probability two-phase survey sample when relevant auxiliary information is available from a probability survey sample. To reduce selection bias and gain ...

Our paper employs smartphone data to construct an improved cash access metric by accounting for both spatial agglomeration and households’ travel patterns. We find that incorporating trip-chaining ...

The labour market has weakened US tariffs have already hurt employment in the sectors most dependent on trade. Canadian businesses that are subject to tariffs knew demand for their products would be ...

View data from the Canadian Survey of Consumer Expectations (CSCE)—a quarterly survey aimed at measuring household views of inflation, the labour market and household finances.

1. The Level of the Inflation Target Canada targets 2 per cent inflation, the midpoint of a 1 to 3 per cent inflation-control target range. Since 2011, the experience of advanced economies with ...

Check out our educational resources and tools, along with our Museum and an annotated list of financial literacy sites.

Credit cards are an increasingly common payment method—they now make up 39 percent of retail transactions and 56 percent of the total value of goods and services purchased. They are especially popular ...

Trade makes the pie bigger For decades, as trade among countries has grown, so has the world’s wealth. Here in Canada, roughly 1 in 6 jobs is linked to exports. Economists estimate that incomes in ...