Banks may face climate-related mandatory disclosure, stress tests and capital demands within the next few years
The greatest risk remains the pandemic, the Bank of Canada governor said
Finance Department, Bank of Canada were told to avoid issuing new long bonds
The timing of an interest rate increase depends on the economic recovery
The central bank also said it would maintain its quantitative easing program
The destruction of leveraged assets such as housing due to extreme weather could amplify financial system losses, a report says
Researchers find large price markups weigh on the retail government bond market
The position supports a new mandate of the central bank
Sharon Kozicki will take on the role on Aug. 2
The former governor of the Bank of Canada and the Bank of England said he's focused on the UN climate conference