Other central banks publish a projected interest rate path consistent with their economic outlook—not so in Canada.
banks
January 11, 2023
8:55AM
November 9, 2018
10:28AM
The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.
March 23, 2018
3:48PM
A phrase heard almost hourly at the conference was “this time is different.”
December 12, 2017
3:11PM
Only surprises have real effects, Friedman argued, but their effects last only until people realize what’s going on.
September 26, 2011
6:00PM
After her presentation to the Economic Club in Toronto Monday, Julie Dickson, the Superintendent of Financial Institutions, faced one key issue in questions from the audience: Do bank regulatory reforms in foreign jurisdictions extend beyond that called for in international forums such as the Basel Committee and Financial Stability Board?
March 31, 2011
2:00AM
Banks are increasingly willing to invest in risky assets that offer high returns, warned an assistant superintendent at the Office of the Superintendent of Financial Institutions in a recent speech, raising the risk of another global financial crisis.
January 12, 2011
2:00AM
In a year-end interview, Finance Minister Jim Flaherty noted, I find it just strange that I get some of the financial institutions telling me to mind my own business on regulatory matters and then we have some worries about the level of consumer debt, and the banks are saying the government needs to move in and tighten standards. The Ministers remarks followed calls by some bank CEOS for the government to tighten lending standards for residential mortgages such as a reduction in amortization periods.