Bank of Canada Bank of Canada coronavirus Canada canada covid Consumer Covid covid bank of canada covid canada COVID-19 Money Tiff Macklem World Markets
The Bank of Canada is expecting strong consumption-led growth in the second half of the year as vaccinations against COVID-19 continue, Governor Tiff Macklem said on Tuesday. In comments to the House of Commons finance committee, he reiterated that considerable uncertainty surrounded the central bank‘s forecast that economic slack should be absorbe...
Bank of Canada bank of canada interest Bank of Canada interest rate Canada Coronavirus coronavirus canada coronavirus news Covid covid economy COVID-19 covid-19 canada covid-19 news Interest rate bank of canada Money World Markets
admin April 21, 2021
The Bank of Canada will say Wednesday how it sees the economy faring over the coming months and the path for inflation amid the third wave of the COVID-19 pandemic.Along with the outlook, the bank will announce what is happening to its key interest rate target that has been set at 0.25 per cent during the pandemic in a bid to lower interest rates o...
Bank of Canada Bank of Canada Survey Consumer consumer spending covid Covid covid spending Economy household spending covid Money savings covid World Markets
admin April 12, 2021
Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, the Bank of Canada said in a report released Monday.The central bank says the gap between spending and wage expectations has never been so wide in its quarterly survey of consumer expectations.Officials at the b...
August 2, 2021