The quiet is deliberate. The central bank says it wants to avoid making any possible impact -- or the appearance of an impact -- on the political contest."As a neutral and politically independent organization, we aim to ensure our messages are not misinterpreted or misused during a period of heightened political sensitivity," Nicholas Galletti, a spokesman for the Bank of Canada, wrote in an email.
The Canadian campaign is also unfolding as global trade conflicts, including ones sparked by Trump, weigh on the world. In response, central banks have been signalling or taking policy actions, including cutting interest rates. Fellow deputy governor Timothy Lane is scheduled to appear on a panel Oct. 18 at the Institute of International Finance in Washington to discuss the "future of money." Lane's remarks will not be published by the bank and it's unlikely his comments will delve into Canada's economic outlook or be directed at voters.
So far, the bank's public calendar is empty until Oct. 22, the day after the election, when it will release its quarterly survey of business executives. "As such, our plans for the second half of 2019 were solidified with more certainty around the date of the election," he said.
If the Cons are elected the real estate market will crash with all the homes for sale and nobody buying.
Well the rates being so low has not had any changes to the real estate market . But let’s see what happens after elections.
What an odd thing to post...
my love is cheap, the earth and all its' works are disposable.
lol Yeah, wait for the best liar. VotersWhoWontVoteForNothing
Raise rates help people save money and borrow responsibility.
Just as Justin Trudeau is trashing Canada's image globally again. 4 years of the Liberals calling Canadians racist, now he dons blackface & blames it on Canadians being racist. What a lowlife. TrudeauMustResign
The Bank of Canada pretending to be the controller of interest rates in the wake of the Libor scandal wants to 'remain neutral' during the political season.
EXTRA! EXTRA! This just in!! Nothing to see here. Film at 11:00. Really CTV? Your news is that there is no news. 🙄
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Canada climbs FIFA world soccer rankings, moves past CONCACAF rival PanamaThe Canadian men now stand seventh in CONCACAF, which covers North and Central America and the Caribbean
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