00000nam 2200000zi 4500 9.888947 CaOODSP 20250218144340 m o d f cr |n||||||||| 200706t20202020oncd obs f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-6/2020-6E-PDF Chen, Heng, 1981- author. Cash and COVID-19 : the impact of the pandemic on the demand for and use of cash / by Heng Chen, Walter Engert, Kim P. Huynh, Gradon Nicholls, Mitchell Nicholson and Julia Zhu. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2020. ©2020 1 online resource (iii, 18 pages) : colour graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Bank of Canada staff discussion paper, 1914-0568 ; 2020-6 Cover title. "Last updated: July 2, 2020." Includes bibliographical references (pages 17-18). "Consumer spending declined significantly during the recent COVID-19 pandemic. This negative shock likely reduced spending across all methods of payment (cash, debit, credit, etc.). As well, the mix of payment methods that consumers use could also be affected. This paper is a first step in analyzing the effects of the pandemic on the demand for cash and on the methods of payment in Canada. We present insights drawn from the Bank Note Distribution System and from a recent survey conducted by the Bank of Canada in collaboration with our survey provider, Ipsos, and technical advice from Statistics Canada. We also plan to conduct follow-up surveys and analyses later in 2020 and in the first half of 2021. This work will help us assess whether any effects on demand for cash or the mix of payment methods used by consumers are transitory or persistent"--Abstract, page iii. Demand for money Canada Statistics. Cash transactions Canada Statistics. COVID-19 (Disease) Economic aspects Canada. COVID-19 Pandemic, 2020-2023 Economic aspects Canada. Monnaie Demande Canada Statistiques. Opérations au comptant Canada Statistiques. COVID-19 Aspect économique Canada. Pandémie de COVID-19, 2020-2023 Aspect économique Canada. Statistics lcgft Statistiques rvmgf Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 1914-0568 ; 2020-6. (CaOODSP)9.806273 PDF 489 KB https://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-6-2020-6-eng.pdf