Showing 1 - 10 of 143
Providing bank notes is one of the Bank of Canada’s core functions. The Bank is therefore interested in whether cash is … distance between the 637 reserve band offices in Canada and their closest cash sources. In this study, these cash sources are …
Persistent link: https://www.econbiz.de/10012520249
Chen et al. (2021) show that almost one-third of First Nations band offices in Canada are within 1 kilometre (km) of an … Nations are generally among the most geographically remote communities in Canada. Further, we show that these First Nations … are also among the lowest scoring communities in Canada according to a measure of community well-being based on indicators …
Persistent link: https://www.econbiz.de/10013193291
This paper studies Canadians' access to cash using the geographical distribution of automated banking machines (ABMs). We find that over 97% of urban Canadians have access to ABMs in their communities, while 92% of rural people have access to at least one ABM. During the pandemic, there have...
Persistent link: https://www.econbiz.de/10013277437
In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system. This is a significant question since the use of cash - the only form of central bank money that the...
Persistent link: https://www.econbiz.de/10012214507
In this paper we discuss the competition and innovation arguments for issuing a central bank digital currency (CBDC). A CBDC could be an effective competition policy tool for payments. On innovation, we argue that a CBDC could be necessary to support the vibrancy of the digital economy by...
Persistent link: https://www.econbiz.de/10012597711
Digitalization - the use of data, digital platforms and advanced analytics - has quickly become widespread in today's society. This has introduced new opportunities, but it has also created new barriers and exacerbated existing inequities. This is likewise true in the realm of payments, where...
Persistent link: https://www.econbiz.de/10014380432
kinds of non-bank retail payments schemes currently available in Canada, illustrating each by focusing on a specific example …
Persistent link: https://www.econbiz.de/10003790215
The authors present the methodology and main findings of the Bank of Canada’s 2009 Methods-of-Payment survey, a … detailed investigation of consumer payment behaviour in Canada. The survey targeted the 18- to 75-year-old Canadian resident …
Persistent link: https://www.econbiz.de/10009618431
This paper presents simulation results for Canada's new large-value payments system: Lynx. We simulate the settlement …
Persistent link: https://www.econbiz.de/10012285193
Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might … suggest that cash will eventually disappear. However, cash in circulation in most countries, including Canada, has been stable … paper explains these differences between Canada and Sweden by focusing separately on the transactions demand for cash and on …
Persistent link: https://www.econbiz.de/10012053000