The Bank of Canada plans to end quantitative tightening in the first half of this year and resume asset purchases after taking extraordinary measures during the pandemic. Deputy governor Toni Gravelle outlined the bank’s goal of reaching reserves of $50 to $70 billion by the third quarter, with plans to rebuild assets through repurchase agreements, treasury bills in 2025, and federal bonds in 2026. Gravelle emphasized that asset purchases will not be used for active economic stimulation like during the pandemic, signaling a return to “business as usual” for the central bank.
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Canada’s youngest adults more likely to trust Iran and its current regime: poll
A recent poll by Leger Marketing for the Association for Canadian Studies indicates that while a majority of Canadians distrust Iran, younger adults (18-24) are more inclined to trust the regime and believe its collapse would be detrimental. Despite these differing views, many in this age group still perceive Iran as a threat to Israel, with 59% agreeing that Iran seeks its destruction. Explain It To Me Like I'm 5: A recent poll shows that...
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