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Monday, February 26th, 2024

Crisis underscored risk from credit excesses: Bank of Canada

The 2008-09 crisis and its aftermath have underscored the unique risks that credit-fuelled excesses pose to economies, forcing the Bank of Canada to pay closer attention to financial stability and to be flexible as it pursues its No. 1 goal of keeping inflation tame and reliable, Mark Carney and his policy team said Wednesday. A […]