Category: Bank of Canada

Bank of Canada

BoC governors “encouraged” by mortgage stress test outcomes

In a press conference following yesterday’s interest rate announcement, Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins discussed the reasoning behind the rate decision as well as the updated monetary policy report, as well as the effect that a so-called “insurance cut” would have.

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bank of canada

Canadian interest rates will likely sink lower in 2020

The Canadian labour market is strong and wage growth is encouraging, but still, the Bank of Canada can’t seem to shake the feeling that something bad is going to happen.

The post Canadian interest rates will likely sink lower in 2020 appeared first on Livabl .

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