The Bank of Canada says Canadian businesses are concerned tariffs will hinder their sales. That’s according to the bank’s business outlook indicator survey, released Monday (Oct. 20) and showing a slight uptick, though still in negative territory: -2.3 during the third quarter, compared to -2.4...
Cryptocurrency’s wild ride isn’t over yet. Regulators are closing in, and innovation is speeding up. It’s safe to say that the blockchain landscape remains a bit of a battleground. Price volatility continues unabated, and scams are still peppering the landscape, including the Monday (Sept. 23)...
Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC), it was moving on. “With this work completed, and with other payments issues gaining prominence,...
It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring — central bank digital currencies (CBDCs). But a Thursday (Aug. 10) report from the Bank of Canada, the Canadian central bank, seems...
March 30, 2018
Today’s average Canadian consumer is more cash-enthused than their average American counterpart. Canadians still make about 51 percent of their purchases in cash, according to data from the Bank of Canada – as opposed to Americans, who handle less than a third of their transactions in cash, according to the PYMNTS Global Cash Index. Canadians, by the […]
February 12, 2026
Broader adoption of artificial intelligence by small and medium-sized businesses (SMBs) could boost Canada’s productivity, Bank of Canada Senior Deputy Governor Carolyn Rogers said Thursday (Feb. 12), according to a report by Bloomberg. Speaking at a conference in Toronto, Rogers said that large firms are currently making the biggest investments in AI but are less […]
October 20, 2025
The Bank of Canada says Canadian businesses are concerned tariffs will hinder their sales. That’s according to the bank’s business outlook indicator survey, released Monday (Oct. 20) and showing a...
September 23, 2024
Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC),...
March 18, 2022
The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of a potential Central Bank Digital...
