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Stephen Poloz - CERB-style program will ease burden on central bank to respond other economic shocks: governor - globalnews.ca - Canada

22.05.2020 / 00:09

CERB-style program will ease burden on central bank to respond other economic shocks: governor

Canada’s top central banker says adding an income-support measure like the Canada Emergency Response Benefit to the government’s tool kit could help the country more quickly respond to sudden shifts in the economy.

Stephen Poloz Canada covid-19 coronavirus news coronavirus update Coronavirus

Bill Morneau - Stephen Poloz - Tiff Macklem named new Bank of Canada governor amid COVID-19 pandemic - globalnews.ca - Canada

01.05.2020 / 16:53

Tiff Macklem named new Bank of Canada governor amid COVID-19 pandemic

Finance Minister Bill Morneau is naming Tiff Macklem to take the helm of the Bank of Canada, as the central bank copes with the economic impacts of the novel coronavirus pandemic.

Bill Morneau Stephen Poloz Canada covid-19 coronavirus news coronavirus update Coronavirus

Stephen Poloz - Bank of Canada stimulus actions should reach average Canadian: Stephen Poloz - globalnews.ca - Canada

01.05.2020 / 01:57

Bank of Canada stimulus actions should reach average Canadian: Stephen Poloz

Canada’s top central banker says monetary stimulus on the scale that the country is seeing now must ultimately reach the average Canadian to help an economic recovery from the COVID-19 crisis.

Stephen Poloz Canada covid-19 coronavirus canada Coronavirus Interest rates

Stephen Poloz - Bank of Canada would have likely cut interest rate based on oil crash alone: governor - globalnews.ca - Canada - city Ottawa

17.04.2020 / 02:15

Bank of Canada would have likely cut interest rate based on oil crash alone: governor

OTTAWA — The governor of the Bank of Canada says the central bank would have likely slashed its key interest rate in response to plunging oil prices, if that alone had been the only shock to the domestic economy.

Stephen Poloz Canada city Ottawa covid-19 coronavirus news coronavirus update Coronavirus

Stephen Poloz - Coronavirus outbreak: Bank of Canada keeps rates steady as economy sees “significant contraction” - globalnews.ca - Canada

15.04.2020 / 21:49

Coronavirus outbreak: Bank of Canada keeps rates steady as economy sees “significant contraction”

The Bank of Canada is keeping its key interest rate steady at 0.25 per cent, as widely expected by economists. Governor Stephen Poloz said the economy is experiencing “significant and rapid contraction” and the downturn tied to COVID-19 will be the worst on record.

Stephen Poloz Canada covid-19 outbreak economy Coronavirus

Justin Trudeau - Stephen Poloz - Coronavirus outbreak: Trudeau says process ongoing to name new Bank of Canada governor - globalnews.ca - Canada

10.04.2020 / 20:00

Coronavirus outbreak: Trudeau says process ongoing to name new Bank of Canada governor

Asked about a report that he would be replacing Bank of Canada Governor Stephen Poloz, Prime Minister Justin Trudeau commended the governor for his work during a difficult period and said the process was ongoing but a decision had not been made on the next steps.

Justin Trudeau Stephen Poloz Canada outbreak Coronavirus

Stephen Poloz - Coronavirus outbreak: Poloz outlines Bank of Canada’s strategy during COVID-19 pandemic - globalnews.ca - Canada

27.03.2020 / 22:49

Coronavirus outbreak: Poloz outlines Bank of Canada’s strategy during COVID-19 pandemic

The federal government and the Bank of Canada are taking more steps today to try to fight the economic shock caused by the COVID-19 pandemic and plunging oil prices.

Stephen Poloz Canada covid-19 pandemic shock

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