The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds. Both the global...
Translations: Recuperação mais lenta enquanto as viagens internacionais continuam parada[1]s (pdf) La recuperación se retrasa ante el continuo bloqueo de los viajes internacionales[2] (pdf) La reprise est retardée par l’interdiction des voyages internationaux[3] (pdf) 国际航协：国际旅行仍受限制 航空客运复苏迟缓[4] (pdf) Geneva – The International Air Transport Association (IATA) released an updated global passenger forecast showing that the recovery in traffic has been slower than...
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NEW YORK, 7 May 2020 – An estimated 116 million babies will be born under the shadow of the COVID-19 pandemic, UNICEF said today ahead of Mother’s Day. These babies are projected to be born up to 40 weeks after COVID-19 – currently straining health systems and medical supply chains all over the world – was recognized as a pandemic...
This update contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s expected future financial results. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation: the effect of global and regional economic conditions on the Company’s business,...
