Tag: Tiff Macklem
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...
Bank of Canada Warns That a Typical Mortgage Payment Could Surge by 30% in 5 Years
On June 9, the Bank of Canada (BoC) said that high home prices and the debt that comes with them are...