Bank of Canada to end emergency liquidity programs as economy improves

Author: External Author | | Categories: First Time Home Buyer , First Time Home Buyer Mortgage , Mortgage Agent

The Bank of Canada says it will wind down several pandemic buying and lending programs aimed at keeping credit flowing, believing its work there is done as market conditions improve.

In a speech, deputy governor Toni Gravelle said Tuesday the bank will suspend or discontinue market liquidity-focused programs beginning early April and then into May.

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Original Article Source Credits:   Global News ,

Article Written By:  Jordan Press

Original Article Posted on:  March 23, 2021

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