With Canada well on its third quarter of economic disruption, the segments that suffered the greatest hits to their purchasing power were lower-income earners, young Canadians, women, and renters, according to the latest…
Day: December 1, 2020
Negative rates down the line are possible, says BoC’s Macklem
Bank of Canada Governor Tiff Macklem said in a video conference last week that further rate cuts remain an option in providing economic stimulus. At present, the central bank’s policy rate is at a…