Stephen Poloz
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Canadians need to be ready as ‘everyday volatility’ becomes new norm: PolozThe Russian invasion of Ukraine on Feb. 24 roiled global markets, and uncertainty over the impact of severe western sanctions has seen prices soar in recent weeks.CanadaMar 13, 2022
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Former Bank of Canada governor Stephen Poloz to chair Ivey Business School advisory councilPoloz will replace Ray Tanguay, retired chairman of Toyota Motor Manufacturing Canada Inc., who had been chair since November 2014.EducationJun 15, 2020
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Former Bank of Canada governor Stephen Poloz joins Enbridge board of directorsStephen Poloz retired as the head of Canada's central bank on Tuesday.EconomyJun 4, 2020
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CERB-style program will ease burden on central bank during future economic shocks: governorMore than 8.1 million workers have applied for the $2,000-a-month benefit since it became available at the beginning of April, with payments now totalling over $38.4 billion.HealthMay 21, 2020
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Bank of Canada stimulus actions should reach average Canadian: Stephen PolozFor the recovery to really take off, stimulus actions need to "reach the ultimate borrower," he said.CanadaApr 30, 2020
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First payments from $73B coronavirus wage subsidy to be sent in early MayThe Liberals are hoping the 75-per-cent wage subsidy will prompt companies to rehire vast swaths of the six million Canadian workers who have asked for emergency federal aid since the pandemic brought the global economy to a virtual standstill.HealthApr 16, 2020
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Bank of Canada slashes policy rate to 0.75 per cent in surprise cutCanada's central bank decided to intervene outside of its regular schedule of announcing rate changes.MoneyMar 13, 2020
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Coronavirus impact could include ‘longer-term layoffs,’ Bank of Canada governor saysThe impact of lower commodity prices will hit oil-producing regions, Poloz also said.MoneyMar 5, 2020
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Bank of Canada keeps rates at 1.75%, trims 2020 economic forecastThe central bank is projecting growth of just 1.6 per cent this year.MoneyJan 22, 2020
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Low interest rates likely to continue amid sluggish world economy: PolozBank of Canada governor Stephen Poloz said slowing population growth is holding back economic growth and gains in productivity aren't happening fast enough to offset the change.CanadaDec 12, 2019
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