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Interesting @bankofcanada is basing its planning on the assumption that the impact of #COVID-19 on the global economy has ‘peaked’. I hope they are right—as Govt will be relying on these #s in its—hopefully soon—fiscal update..@VancouverSunhttps://business.financialpost.com/news/economy/bank-of-canada-holds-rate-at-0-25 …
‘Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve... bound. Find out more. #economy #cdnecon http://ow.ly/pA9q50zXKpt ‘
