Bank of Canada says full recovery from virus will take two years – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-says-full-recovery-from-virus-will-take-two-years-1.1465269
Tag: Bank of Canada
‘A long climb back’: Tiff Macklem stresses recovery as BoC holds – BNN Bloomberg
‘A long climb back’: Tiff Macklem stresses recovery as BoC holds – BNN Bloomberg
— Read on www.bnnbloomberg.ca/a-long-climb-back-tiff-macklem-stresses-recovery-as-boc-holds-1.1465987
Bank of Canada Signals No Rate Hikes Until at Least 2023 – Bloomberg
The Bank of Canada pledged for the first time to keep interest rates at historically low levels for years to come to help spur the nation’s economic recovery.
— Read on www.bloomberg.com/news/articles/2020-07-15/bank-of-canada-to-keep-0-25-rate-until-inflation-target-hit
Bank of Canada Policy Makers ‘Hopeful’ Worst Case Can be Avoided – Bloomberg
Bank of Canada policy makers emerged from interest rate deliberations this week hopeful the economy will avoid the most-severe outcome, with financial market functioning normalizing and amid signs the nation’s income support programs are working.
— Read on www.bloomberg.com/news/articles/2020-06-04/bank-of-canada-policy-makers-hopeful-worst-case-can-be-avoided
Significant stimulus needed to rebuild economy, Poloz says – BNN Bloomberg
Significant stimulus needed to rebuild economy, Poloz says – BNN Bloomberg
— Read on www.bnnbloomberg.ca/significant-stimulus-needed-to-rebuild-economy-poloz-says-1.1440817
Bank of Canada warns of excess business, household debt – BNN Bloomberg
Bank of Canada warns of excess business, household debt – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-warns-of-excess-business-household-debt-1.1436354
Macklem set to take Bank of Canada deeper into untested waters – BNN Bloomberg
Macklem set to take Bank of Canada deeper into untested waters – BNN Bloomberg
— Read on www.bnnbloomberg.ca/macklem-set-to-take-bank-of-canada-deeper-into-untested-waters-1.1430206
Bank of Canada set for bigger buying spree – BNN Bloomberg
Bank of Canada set for bigger buying spree – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-set-for-bigger-buying-spree-1.1421462
Shutdown of Canada’s Economic Engine Sends Stocks to 2011 Low
(Bloomberg) — Canadian stocks plunged to their lowest level in almost nine years as investors digested a slew of bad news that signaled a massive slowdown in economic growth for the year.The S&P/TSX Composite Index tumbled 5.3% Monday to its lowest since October 2011, bringing the drop from the Feb.
— Read on ca.finance.yahoo.com/news/no-relief-seen-canada-stock-140449910.html
TD, Scotiabank Issue $11 Billion of Repo-Eligible Bonds – Bloomberg
Toronto-Dominion Bank priced the largest covered bond on record from a Canadian lender on Friday, days after the country’s central bank widened the range of securities it takes as guarantee for repurchase transactions. Bank of Nova Scotia followed with a similar deal Monday.
— Read on www.bloomberg.com/news/articles/2020-03-23/td-bank-issues-6-9-billion-of-central-bank-eligible-bonds