This paper provides the context, rationale and key considerations that informed the Bank of Canada's decision to …, accountability and credibility and also reinforce the Bank's independence. However, these benefits must be balanced against the … potential for constraints on internal debate or the sending of mixed messages about the Bank's outlook and decisions. The Bank …

expectations in the Bank of Canada's Canadian Survey of Consumer Expectations. We analyze factors that may explain consistencies …

We analyze the impact of introducing a central bank-issued digital currency (CBDC) on the operational framework of … frictional interbank market, a central bank with deposit and lending facilities, and household preferences for different liquid …" has a rather small effect on bank lending to the real economy, and hence on aggregate investment and GDP. This result …

hawkish central-bank stance on inflation expands the stability region of the system, which however remains bounded. On the …

developments in this area and what they mean for debates and decisions about the design of central bank liquidity policy. Across … the key challenges, choices and considerations facing the designers of central bank liquidity tools today. …

retail public money - whether in the form of cash, a central bank digital currency or both - is a necessary component of such …

opportunities, it recovered as containment measures eased. We explore the potential two scenarios for issuance of central bank …