Project Jasper demonstrates possibility of executing post-trade settlement on a blockchain platform, which could reduce counterparty risk and free up collateral
The central bank qualifying rate is separate from the actual mortgage rates offered by banks to borrowers, but is used to assess homebuyers who are seeking loans
Poloz highlights headwinds facing the Canadian economy as another reason for holding the line on rates.
The central bank is expecting the economy to rebound in the second quarter with 2.5% growth
The MoU aims to facilitate oversight of Canada’s domestic systemically-important financial institutions
Such a strategy would need to cover risks in both cash and derivatives products, BoC deputy governor says
The central bank estimates the economy may be as much as 50% more sensitive to a given rate of interest than it was about a decade ago
The prospect of tariffs have added to an already murky context for Canada
The central bank is keeping a close eye on NAFTA renegotiations, competitiveness related to U.S. tax cuts and impacts on the housing market
Low interest rates have encouraged households to take on debt