Thanks for tuning in to this Tuesday edition of RealAg Radio! We will hear an interview with Kelvin Heppner and Stephen Poloz, former Governor of the Bank of Canada on interest rates and how long inflation rates will be high. We will also hear from Bill Greuel, of Protein Industries Canada, on the second round… Read More
Tag: Stephen Poloz
The former governor of the Bank of Canada says he expects inflation will drop quicker than many are predicting and that real interest rates will remain low in the long term. Stephen Poloz shared his economic outlook during a keynote presentation at the CropConnect Conference in Winnipeg on Wednesday. Many of the economic parameters that… Read More
On Friday (March 27), the Bank of Canada initiated an emergency key rate cut of 50 bps to 0.25% in an attempt to defend the economy against the impacts of COVID-19. Additionally, the Bank of Canada will expand its balance sheet through purchases of Government of Canada securities to the tune of $5 billion per… Read More