Bank of Canada Balance Sheets Dec–Jan 2022

Summary#

The Bank of Canada published its unaudited statements of financial position for the reporting dates December 31, 2021 and January 31, 2022 in the Canada Gazette on March 5, 2022. The statements show the Bank’s balance sheet totals at those two dates and some changes in major assets and liabilities month‑to‑month.

What it does#

• Provides two snapshot balance sheets (unaudited) with amounts shown in millions of dollars:
  • As at December 31, 2021: total assets and liabilities/equity $499,365 million.
    • Cash and foreign deposits: $7 million.
    • Loans and receivables (total): $23,424 million.
    • Investments (total): $468,656 million.
    • Derivatives — indemnity agreements (asset side): $6,394 million.
    • Bank notes in circulation: $115,155 million.
    • Deposits (total): $347,034 million.
    • Securities sold under repurchase agreements: $35,560 million.
    • Total liabilities: $498,757 million. Total equity: $608 million.
  • As at January 31, 2022: total assets and liabilities/equity $502,945 million.
    • Cash and foreign deposits: $6 million.
    • Loans and receivables (total): $23,419 million.
    • Investments (total): $466,365 million.
    • Derivatives — indemnity agreements (asset side): $12,266 million.
    • Bank notes in circulation: $111,911 million.
    • Deposits (total): $350,466 million.
    • Securities sold under repurchase agreements: $38,737 million.
    • Total liabilities: $502,333 million. Total equity: $612 million.
• Each statement is signed off by senior Bank officials:
  • For the December 31, 2021 statement: Coralia Bulhoes (Chief Financial Officer) and Tiff Macklem (Governor), declared February 24, 2022.
  • For the January 31, 2022 statement: Coralia Bulhoes and Tiff Macklem, declared February 17, 2022.

Who's affected#

• People and groups likely to notice:
  • Market analysts, economists, and investors who follow central bank balance sheets.
  • Governments and public-finance watchers interested in the Bank’s holdings and liabilities.
  • Journalists and researchers tracking monetary policy actions and liquidity operations.
• Ordinary Canadians are not directly affected by this publication, but its contents are used by decision-makers and markets that influence the economy.

Why it matters#

• These statements show the scale and composition of the Bank of Canada’s assets and liabilities at two recent dates. That helps people track central-bank activity such as holdings of government securities, deposits, and repurchase-agreement operations.
• Analysts use this data to understand the Bank’s support for financial markets and to monitor changes in liquidity and risk exposure. The figures also provide transparency about how public monetary operations are reflected on the central bank’s balance sheet.