News from Bank of Canada
Stay current with all the latest and breaking news about Bank of Canada, compare headlines and perspectives between news sources on stories happening today. In total, 231 stories have been published about Bank of Canada which Ground News has aggregated in the past 3 months.
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Bank of Canada · CanadaThe Bank of Canada released the 2024 Financial Stability Report (FSR) on Thursday (May 9). Canada's financial system is stable, but risks remain due to excessive debt repayment costs and financial asset valuations for households and businesses.See the Story
The solvency of households and businesses and the risk of asset valuation is still there
Central Bank · OttawaThe central bank has incurred $5.749 billion in comprehensive losses for the twelve-month period ending on December 31, 2023. The bank tabled $705 million in losses the year prior—the first time in its 88-year history.See the Story
Bank of Canada runs $5.7 billion deficit, claims ‘generating profits’ are not the aim
100% Right coverage: 1 sources
Carbon Tax · CanadaFormer Bank of Canada governor Mark Carney was unclear about his stance on the carbon tax while speaking as a witness before a Senate committee. However, he did call upon anyone with a “credible and predictable” alternative to the controversial tax to come forward with an idea. Carney made his comments before a Senate committee on Wednesday, which had invited him as a witness to study Bill S-243, legislation that would require banks and other f…See the Story
Conservatives grill Mark Carney about carbon tax amidst rumours of Liberal leadership bid
100% Right coverage: 1 sources
Bank of Canada · CanadaThe Bank of Canada says in a new report that renters are feeling more debt stress tied to higher interest rates than Canadians with a mortgage.See the Story
Renters so far more ‘vulnerable’ than homeowners amid higher interest rates. Why? - National
100% Left coverage: 1 sources
Bank of Canada · CanadaThe Bank of Canada says the Canadian financial system is stable, but risks remain due to debt servicing costs among households and businesses and stretched valuations of financial assets.See the Story
Bank of Canada says financial system is stable, but risks remain
100% Center coverage: 1 sources
Bank of Canada · CanadaThe Bank of Canada says households can weather higher borrowing costs, but flagged rising asset valuations and financial stress among renters as risks to the outlook.See the Story
Bank of Canada says households can cope with higher rates - BNN Bloomberg
100% Left coverage: 1 sources