Tiff Macklem

• Strong economic growth expected in 2nd half of 2021, Bank of Canada says

  Macklem said the biggest potential cause of uncertainty was how the coronavirus progressed.

  Canada

  Apr 27
• Behold, the Canadian condo market joins the COVID-19 real estate frenzy

  A return of investor demand is driving a surge in home sales volumes in Toronto and Vancouver.

  Money

  Mar 18
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• Fixed mortgage rates are on the rise, mortgage brokers warn

  After the record lows of last summer, fixed mortgage rates are starting to climb back up as the economy's outlook improves.

  Money

  Feb 27
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• Canada’s housing market showing ‘early signs’ of overheating, Bank of Canada warns

  Bank of Canada Governor Tiff Macklem says rising prices in particular for single-family homes are still a long way from the heated market the country observed about five years ago.

  Money

  Feb 24
• Governor of Bank of Canada points to child care, education to help ease protracted employment recovery

  Tiff Macklem says making child care more affordable and available across the country would help more women return to the labour force and stay there.

  Economy

  Feb 23
• Bank of Canada keeps rates at 0.25%, warns of negative growth in early 2021

  Canada's central bank said it expects the economy to contract in the first three months of the year.

  Money

  Jan 20
• Markets bet on Bank of Canada ‘micro rate cut’ amid tightening coronavirus restrictions

  The Bank of Canada has ruled out negative interest rates, so further easing would likely be a so-called "micro rate cut" of less than 25 basis points.

  Economy

  Jan 12
• Coronavirus put a ‘chop’ on economic recovery, Bank of Canada governor says

  Macklem expressed concern about the strengthening Canadian dollar, saying it was hurting Canada's exports in the crucial U.S. market.

  Canada

  Dec 15, 2020
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• Coronavirus vaccine could help economy recover faster than expected: BoC

  In late October, the bank said it assumed a vaccine would not be widely available until mid-2022 so forecast a full economic recovery in 2023.

  Canada

  Nov 26, 2020
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• Bank of Canada deputy says she won’t seek second term

  Wilkins' term as senior deputy governor ends next May and the bank's board of directors will launch a search to select her successor.

  Canada

  Sep 17, 2020