Bitcoin Awareness, Ownership and Use: 2016–20 – Bank of Canada

As technology evolves, so does the way Canadians make payments. These surveys use weights to ensure the data are representative of the Canadian population with respect to key demographic characteristics. We also find that Bitcoin adopters were susceptible to financial and security risks: about half experienced price crashes, loss of access to funds, scams or […]

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening

Maturing Government of Canada bonds on the Bank’s balance sheet will no longer be replaced and, as a result, the size of the balance sheet will decline over time. These factors are the primary drivers of a substantial upward revision to the Bank’s outlook for inflation in Canada. In the United States, domestic demand remains […]