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City Vaughan

Country Canada

Bank of Canada targets 2022 for economic recovery

Bank of Canada governor Tiff Macklem says the central bank is targeting 2022 for an economic recovery from the COVID-19 pandemic, but warns the road to recovery will be bumpy. He also says the bank will keep its key rate near-zero to 2023, hoping to entice consumers to spend and aid recovery efforts.

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Unique identifier: CP111013870

Legacy Identifier: b_COVID-BoC20201028T1550

Type: Video

Duration: 2m42s

Dimensions: 1920px × 1080px 190.73 MB

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Create Date: 10/28/2020 3:50:00 PM

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