Tag: Bank of Canada
Bank of Canada Posts First Loss in its 87-year History
The Bank of Canada — Canada’s central bank — lost $522 million in the third quarter of this year, marking...
Canadian Personal Bankruptcies Surge by 22.5% in Third Quarter; Economy Sputtering
According to data, recently released by Statistics Canada, consumer insolvencies in Canada soared by...
Bank of Canada Says it Cannot yet Relax Pace of Rate Hikes
The Bank of Canada cannot relax its current rapid pace of rate hikes because it has yet to see evidence...
Biden’s Recent Executive Order on Digital Currencies Panned as Dangerous, People Should be ‘Worried’
News analysis On March 7, U.S. President Joe Biden signed an executive order (EO) instructing numerous...