Bank of Canada Deputy Governor Says Bar for Using QE Again Will Be Very High

Bank of Canada Deputy Governor Says Bar for Using QE Again Will Be Very High
A person walks past the Bank of Canada in Ottawa on April 10, 2024. The Canadian Press/Adrian Wyld
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A senior Bank of Canada official says the unusual measures it took during the pandemic helped boost the economy, but the bar for using quantitative easing again will be very high.

The comments came on June 13 in a speech in Ottawa to the Canadian Association for Business Economics as the central bank works to rebuild trust with the public and be transparent in how it works.