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Bank of Canada (BoC) Deputy Governor Toni Gravelle will discuss normalization of the central bank's balance sheet in a speech on March 21, the CFA Society of Toronto said in a post on its website. There's been speculation among some analysts that the central bank would soon put the brakes on its quantitative tightening (QT) program, a counter measure adopted to suck out massive liquidity pumped into the financial system during the pandemic era. In its monetary policy statement on Jan. 24 the bank said that it would continue with its QT program.

As Canada grapples with a possible recession and its highest debt costs in more than two decades, economists say Prime Minister Justin Trudeau should curb his spending habits to ensure that future policy choices are not forced on him.

As Canada grapples with a possible recession and its highest debt costs in more than two decades, economists say Prime Minister Justin Trudeau should curb his spending habits to ensure that future...

The bank has been in a holding pattern since early March, when it kept its benchmark lending rate stable at 4.5 per cent after eight consecutive increases

Kevin Carmichael: Hard to believe bank would be aggressive amid the most tense geopolitical backdrop since end of Cold War