BoC deputy governor cites on-target inflation and strong job market
Economy seen as resilient enough to warrant the hold
Mark Carney to assume new role next year
CIBC and Bank of Nova Scotia anticipate central bank will lower rates in 2020
C.D. Howe concludes that having the central bank responsible for financial stability would bring it “dangerously close” to making political decisions
Mechanism to be implemented by end of 2020
New facility would provide loans to a financial firm facing exceptional liquidity stress
Expertise is needed to develop climate-related data analysis and modelling frameworks
New regulations and legislation may be required
Survey finds most Bitcoin owners are speculators, although more people are using the cryptocurrency for transactions