For the first time in history since the Bank of Canada’s founding in 1935, the federal government-owned bank will suffer a financial loss that the C.D. Howe Institute estimates could be up to $8.8 billion in the coming years. A Jan. 12 brief produced by the nonprofit policy research organization, said it estimates the Bank of…
Bank of Canada’s Losses Could Surpass $8 Billion in Coming Years: Think Tank
January 19, 2023
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