Tag: Bank of Canada

Omicron Throws Rate Hike Forecasts into Question

While markets are expecting the first Bank of Canada rate increase in early 2022, some financial experts think the unpredictability of the brand-new Omicron Covid-19 variant might delay early hikes. 

OSFI: Credit Risk Has Risen But Only Slightly

Today, the company’s head charged with managing Canada’s federally controlled lending institutions stated that the threat to mortgage credit has increased “just decently.”

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