BOC’s Wilkins Dismisses Stagnation Worry, Talks Policy Agenda

TORONTO (MaceNews) – Canada will continue to struggle with weak productivity growth and an aging population. Its neutral interest rate, where borrowing costs don’t stimulate or restrain activity, has thus dropped in recent years. The country does not, however, face Japan-style lost decades. So said Carolyn Wilkins, senior deputy governor of the Bank of Canada, […]