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Banks may face climate-related mandatory disclosure, stress tests and capital demands within the next few years

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The greatest risk remains the pandemic, the Bank of Canada governor said

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Finance Department, Bank of Canada were told to avoid issuing new long bonds

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The timing of an interest rate increase depends on the economic recovery

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The central bank also said it would maintain its quantitative easing program

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The destruction of leveraged assets such as housing due to extreme weather could amplify financial system losses, a report says

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Researchers find large price markups weigh on the retail government bond market

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The position supports a new mandate of the central bank

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 12:11
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Sharon Kozicki will take on the role on Aug. 2

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The former governor of the Bank of Canada and the Bank of England said he's focused on the UN climate conference