Bank of Canada Talks Cash Injections, Government Loans and the end of QT [Video]

#bankofcanada #canadianeconomy #CanadianInterestRates

The Bank of Canada won’t be ending Quantitative Tightening until 2025 (unless the banks run out of money), and won’t be buying Mortgage Bonds (because the government is) – this according to Deputy Governor of the Bank of Canada Toni Gravelle.

Speech by Deputy Governor Toni Gravelle / Discours du sous-gouverneur Toni Gravelle:

https://www.youtube.com/watch?v=Zs0b0KaThAs

Bank of Canada sees quantitative tightening ending in 2025:

https://www.bnnbloomberg.ca/bank-of-canada-sees-quantitative-tightening-ending-in-2025-1.2049938

Bank of Canada to halt its QT program within months, RBC says:

https://www.bnnbloomberg.ca/bank-of-canada-to-halt-its-qt-program-within-months-rbc-says-1.2034726

Bank of Canada’s Balance Sheet Plans Are Scrutinized as Funding Markets Show Strain:

https://www.bnnbloomberg.ca/bank-of-canada-s-balance-sheet-plans-are-scrutinized-as-funding-markets-show-strain-1.2027093

Bank of Canada:

https://twitter.com/bankofcanada?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Macklem Cites Bond Demand as Source of Canada Repo Stress:

https://www.bloomberg.com/news/articles/2024-02-01/macklem-cites-bond-demand-as-source-of-canada-repo-stress

Bank of Canada’s balance sheet plans under pressure as funding markets show strain:

https://financialpost.com/news/economy/bank-of-canada-quantitative-tightening-plans

Reintroduction of the morning auction of Receiver General cash balances:

https://www.bankofcanada.ca/2024/02/reintroduction-morning-auction-receiver-general-cash-balances/

Operational Details for Government Purchases of Canada Mortgage Bonds:

https://www.bankofcanada.ca/2024/01/operational-details-government-purchases-canada-mortgage-bonds/

What has been putting upward pressure on CORRA?:

https://www.bankofcanada.ca/2024/03/staff-analytical-note-2024-4/

Bank of Canada assets and liabilities: Weekly (formerly B2):

https://www.bankofcanada.ca/rates/banking-and-financial-statistics/bank-of-canada-assets-and-liabilities-weekly-formerly-b2/

Getting to a new normal:

https://www.bankofcanada.ca/2024/03/getting-to-a-new-normal/

Market operations, programs and facilities:

https://www.bankofcanada.ca/markets/market-operations-liquidity-provision/market-operations-programs-and-facilities/

Bank of Canada conducts Overnight Repo operation:

https://www.bankofcanada.ca/2024/01/bank-of-canada-conducts-overnight-repo-operation/

The stock market incorrectly priced in dovish Fed pivots 6 times in the last few years. Will this 7th time be any different?:

https://ca.finance.yahoo.com/news/stock-market-incorrectly-priced-dovish-213001613.html

Seventh time a charm? Here are the other six times the market wrongly thought there’d be a dovish pivot:

https://www.msn.com/en-us/money/markets/seventh-time-a-charm-here-are-the-other-six-times-the-market-wrongly-thought-thered-be-a-dovish-pivot/ar-AA1k2bZA

Overnight repos:

https://www.bankofcanada.ca/rates/indicators/market-operations-indicators/overnight-repos/?mt_page=2

Start date for the morning auction of Receiver General cash balances:

https://www.bankofcanada.ca/2024/02/start-date-morning-auction-receiver-general-cash-balances/

Canada Mortgage Bonds: Government purchases and holdings:

https://www.bankofcanada.ca/markets/canada-mortgage-bonds-government-purchases-and-holdings/

Mortgage Rates:

https://www.rbcroyalbank.com/mortgages/mortgage-rates.html

BoC expects quantitative tightening to end in 2025, deputy governor says:

https://www.ctvnews.ca/business/boc-expects-quantitative-tightening-to-end-in-2025-deputy-governor-says-1.6816604

Canada budget deficit over first nine months of 2023/24 jumps to C$23.61 bln:

https://www.reuters.com/world/americas/canada-budget-deficit-over-first-nine-months-202324-jumps-c2361-bln-2024-02-23/

U.S. weekly unemployment claims unexpectedly fall; labour market gradually cooling:

https://www.theglobeandmail.com/business/international-business/us-business/article-us-weekly-unemployment-claims-unexpectedly-fall-suggesting-job-growth/

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