Winnipeg Free Press

Winnipeg

Manitoba

Canada

Bank of Canada could have been clearer about extraordinary measures: review

A Bank of Canada internal review found that the extraordinary measures it took during the pandemic could have been communicated more clearly, including an explanation of how its actions would be eased after a crisis has passed.

Ad Fontes Media

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CBC News

Government of Canada

Bank of Canada admits it could have been clearer on pandemic-era measures in internal review

Extraordinary measures taken by the Bank of Canada during the pandemic could be communicated more clearly, an internal review has found, including an explanation of how the actions will be wound down after a crisis has passed.
The report also noted that the bank significantly underestimated the strength and persistence of inflation in 2021 and early 2022, something governor Tiff Macklem has previously acknowledged.
Macklem said the review will h…

The Epoch Times

Epoch Media Group

New York

United States

Bank of Canada Could Have Been Clearer About Extraordinary Measures: Review

The Bank of Canada says the bar for using exceptional monetary policy tools like quantitative easing and extraordinary forward guidance “should remain very high,” after reviewing its response to the Covid-19 pandemic to inform how it reacts to future crises.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Bank of Canada Says Bar Remains High to Reopen Covid-19 Playbook

OTTAWA — A review by the Bank of Canada of the extraordinary measures it took during the pandemic says the central bank could be clearer in the future in communicating its actions. In addition to slashing its key interest rate to 0.

Coast Reporter

Glacier Media

Sechelt

Sunshine Coast

British Columbia

OTTAWA — Extraordinary measures taken by the Bank of Canada during the pandemic could be communicated more clearly, an internal review has found, including an explanation of how the actions will be wound down after a crisis has passed.

Flin Flon Reminder

Flin Flon

Sask Today

OTTAWA — Extraordinary measures taken by the Bank of Canada during the pandemic could have been communicated more clearly, an internal review has found, including an explanation of how the actions would be wound down after the crisis.

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Sault Ste. Marie

Algoma District

Ontario

Bank of Canada could have been clearer about pandemic measures: review

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Bank of Canada could have been clearer about extraordinary measures: review

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