Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech today at the Mayor’s Breakfast Series in Ottawa. Last month’s interest rate increase by the U.S. Federal Reserve is the first step in a long process toward […]
The Bank of Canada today announced its preliminary January to March 2016 quarterly schedule for its term repo program. The Bank will announce each operation separately and may modify the schedule, including introducing operations for different terms.