January 13, 2025 13:31 GMT
MNI BRIEF: BOC Releasing Pandemic Actions Review Jan 17
MNI (OTTAWA) - Canada's central bank will publish a review of actions taken during the pandemic including its first-ever use of QE to boost the economy, a sensitive report after the Conservative Party leader ahead in polls for an election due this year says he will fire Governor Tiff Macklem.
The document due at 11am EST on Jan 17 "highlights lessons that will shape the Bank’s response in future crises," according to a notice on the Bank of Canada's website. It will also contain remarks from outside experts and a response from Governing Council.
The Bank's assets grew to CAD575 billion from CAD125 billion during the pandemic. (See MNI: More BOC Secondary Debt Buys Mirror Best Practices- Memos)
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