BoC to Resume ‘Business as Usual’ This Year as It Rebuilds Its Assets

BoC to Resume ‘Business as Usual’ This Year as It Rebuilds Its Assets
The Bank of Canada is shown in Ottawa on April 24, 2019. The Canadian Press/Sean Kilpatrick
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The Bank of Canada says it expects to end its quantitative tightening process in the first half of this year and start purchasing assets again as it moves past the extraordinary measures it took during the pandemic.

In prepared remarks for a speech Thursday, deputy governor Toni Gravelle said when that happens, the central bank will return to “business as usual.”