The head of an Ontario-based lender that experienced a sharp drop in its share price last month after disclosing unexpected loan losses says recent events will serve as an “excellent learning opportunity” and that it expects the number of bad loans to drop. Read More
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Bank of Canada worried about oil shock during rate deliberations
However, while the persistent post-pandemic inflation spike informed the discussions, another perspective was that the impact of higher energy prices on ongoing inflation could be more limited. For one thing,…






