According to the Bank of Canada’s Methods-of-Payment (MOP) surveys in recent years, more than 80% of retail consumer purchases in Canada occur at physical locations.1 This suggests that such ...

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 ...

More than 600 of your nominees met the qualifying criteria to be featured on the next $5 bank note. From those, an ...

Our call for nominations has ended, and an independent Advisory Council has developed a short list of candidates for the next ...

Governor Tiff Macklem reflects on the lessons learned from the pandemic and its aftermath and outlines how the Bank is ...

The new $5 note will enter circulation only after the issuance of the next $20 note in early 2027. In the meantime, our ...

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 ...

How often does the cashier just hand over the debit machine when you pay for your morning coffee? Some even seem surprised if you give them cash. Last year in Canada, people used cash for only 1 in 3 ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends. Every four years, we reach out to Canadians to ask them how they pay for things.

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

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 ...