Canadians Bought C$17.85B of Foreign Securities in November, the Most Since March
Former Central Banker Mark Carney Seeks Leadership of Canada's Liberal Party -- WSJ
BoC's Gravelle: We Expect to Announce End of Quantitative Tightening in the First Half of 2025
Canada, a leader in the G7, is about to take significant action! The Deputy Governor stated that the Algo tightening QT will come to an end soon.
This makes the Bank of Canada one of the first central banks in the Global to end Algo tightening. The Deputy Governor of the Bank of Canada, Gravelle, emphasized that the bank will resume regular Assets purchasing Business, but the new Assets purchasing plan does not mean that the Bank of Canada will provide economic stimulus similar to that during the pandemic.
Canadian Dollar Runs Out of Gas, Falls Back Once More
Bank of Canada Expects Quantitative-Tightening Program to End By Mid-Year