A leaky situation

Royce and Ian have a wide-ranging discussion on the upcoming Bank of Canada decision. Royce outlines the updates the Bank of Canada will need to make to its forecasts, while Ian discusses the likelihood of calibrating the quantitative easing program. The conversation also touches on the limitations of the Bank of Canada’s purchases on the level of domestic bond yields, and how fiscal support might be leaking out of the Canadian economy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.