Company: Bank of Canada

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The position supports a new mandate of the central bank

  • By: IE Staff
  • July 29, 2021 July 29, 2021
  • 12:11

Research suggests that temporarily overshooting inflation has economic benefits

The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

The OSFI and Basel Committee veteran succeeds Carolyn Wilkins as second-in-command

Two-fifths of respondents don't expect a quick return to a normal work schedule

Illustration and Painting

How much help the economy will need from the central bank remains uncertain

Lower-paid female workers are at greatest risk of losing jobs to automation in response to Covid-19

natural environment

The bank is working on issuing a federal green bond proposed in last month's federal budget

In its latest report, the central bank raised concerns about Canada's heated housing market

The uneven impact of the pandemic on certain sectors, workers must be addressed, he said in a speech