Bank of Canada

Bank of Canada will maintain the current level of policy rate until inflation objective is achieved, continues the program of quantitative easing

The Voice of Canada News The Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½…

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Spending patterns in a pandemic: Lawrence L. Schembri, Deputy Governor at the Bank of Canada

The Voice of Canada News Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19. He says the Bank expects the recovery to have two phases, with…

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