Bank of Canada deputy says households may be more impacted by rise in interest rates
Posted: Nov 25th, 2021In: ConstructionNewsOTTAWA – A senior official at the Bank of Canada says the number of highly indebted households appears to be back on the rise as pandemic aid from governments winds down. In a speech to a conference held by the Ontario[...]
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End of quantitative easing shadows Liberals’ consultation on managing federal debt
Posted: Nov 2nd, 2021In: ConstructionNewsDeputy Prime Minister Chrystia Freeland discusses Canada’s economic recovery in a virtual conversation hosted by the Canadian Chamber of Commerce on October 27, 2021. OTTAWA – The Bank of Canada’s move to end its pandemic-driven[...]
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Bank of Canada warns on prolonged inflation, ends bond buying program
Posted: Oct 28th, 2021In: ConstructionNewsBank of Canada Governor Tiff Macklem (photo: Bank of Canada @bankofcanada Twitter) OTTAWA – The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be[...]
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