Source: The Canadian PressThe Bank of Canada is looking at the role of monetary policy beyond controlling inflation, senior deputy governor Tiff Macklem said Tuesday.“If we look only at interest rates, inflation and output, we may miss bubbles and other elements of systemic risk as they build,” Macklem said in prepared remarks to the International […]
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Business credit contracts for the fifth straight month
Bank of Canada prepared to deal with further stimulus from U.S. Federal Reserve
Central bank will have to wait until U.S. economy gets up and running
Reforms will benefit Canada’s economy
Central bank governor highlights “unusual uncertainty,” downside risks to recovery
Governing council gives no hint about plans for future rate decisions
Canadian businesses and households ignoring lessons imposed on firms and households elsewhere
Canadian government bonds will continue to underperform Treasury securities