Easing will support economic recovery, central bank says
Tuesday’s meeting is likely to mark the end of the easing cycle by the Bank of Canada
Modification of the “operating band” is in order
The deteriorating Canadian jobs picture increases the likelihood that the Bank of Canada will have to use alternative policy tactics, such as credit or quantitative easing measures, says BCA Research.Canada’s unemployment rate rose in March to 8%, the worst jobless rate in seven years, BCA notes. It says that “the economic environment is likely to […]
Overall lending conditions continue to tighten
Wolf to focus on monetary policy
Canada working with international colleagues to re-establish trust in the global financial system
Financial system requires stable banks and robust markets
The Bank of Canada published its quarterly bond schedule on Thursday and announced that it will reintroduce the three-year bond later this year, and will add maturities for other issues.In February and March, the bank and the Department of Finance sought the views of government securities distributors, institutional investors, and others on new measures contemplated […]
Lower target, stronger accountability would boost Canadian dollar