Bank of Canada Archives - The Industry Spread

A Road Map to Payment Systems

July 7, 2020

About 30 million financial transactions take place in Canada daily. Ranging in size from a few cents to billions of dollars, they add up to more than $210 billion—each day, every day. That’s a lot of traffic on our payment grid.

Spending patterns in a pandemic

June 19, 2020

Bank expects recovery to have two phases, with an initial bounceback from reopening giving way to a recuperation period of gradual and bumpy growth.