Canada Bank of Canada News

Bank of Canada Orders XTM Inc. to Cease Retail Payment Activities

The Bank of Canada has issued an immediate compliance order to XTM Inc. and its affiliates, prohibiting them from conducting retail payment activities or processing transactions from the AnyDay platform. This action was taken due to serious concerns about XTM's safeguarding of client funds.

Bank of Canada Issues Revised Compliance Order to XTM Inc.

The Bank of Canada has issued a revised temporary compliance order to XTM Inc. This order authorizes XTM to resume retail payment activities under the supervision of a court-appointed Monitor, subject to specific terms and conditions.

Canada's Monetary Policy Framework in a World of Supply-Driven Trade-offs

The Bank of Canada is discussing its monetary policy framework ahead of its upcoming renewal. Remarks by Sharon Kozicki highlight the success of the 2% inflation target and the increasing importance of supply-side developments in a changing global economy.

Bank of Canada Remarks on Financial Stability and Risks

Bank of Canada Governor Tiff Macklem delivered remarks on financial stability, highlighting new players and old risks in a changing landscape. The speech, delivered on March 4, 2026, discussed systemic vulnerabilities and the growth of private credit.

Bank of Canada, EDC, RBC, TD Complete Tokenized Bond Issuance Experiment

The Bank of Canada, Export Development Canada, RBC, and TD have successfully completed an experiment evaluating tokenization and distributed ledger technology (DLT) for bond issuance. The project, named 'Project Samara,' involved issuing a $100 million tokenized bond settled with central bank deposits, demonstrating potential efficiency gains and identifying operational complexities.