Discover and read the best of Twitter Threads about #bankofcanada

Most recents (3)

๐Ÿงต1. There is no #coalition as the NDP MPs are not in the Liberal cabinet., instead there is a supply and confidence agreement to provide stability and an environment to get important work done #supplyandconfidenceagreement
2. During a time when transitions from a pandemic financing to normalcy must take place Canadians will benefit from what the supply and confidence agreement provides. Federal #COVID19supports expired on May 7th. cbc.ca/news/politics/โ€ฆ
3. Finance Minister Chrystia Freeland says Canada's surging job growth and record-low unemployment rate is evidence that ongoing pandemic support will not be needed. Those applying for workers' benefits have 60 days to submit their claims, while businesses have 180 days.
Read 39 tweets
Project Hamilton was an open source CBDC pilot done by the MIT Digital Currency Initiative.

They now moved on to the next step working together with Federal Reserve, Bank of England. Bank of Canada.
Neha Narula, the Director of the Digital Currency Initiative, is a member of the World Economic Forum's Global Futures Council on Blockchain.

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A brief history on her can be read in this article.

renovisionfund.com/uncategorized/โ€ฆ
Read 15 tweets
Lets talk about how important it is to frequently #Review #CentralBank #MonetaryPolicy #Frameworks...
I will set things off by pointing out that the various facets of #BusinessCycles (early, mid, late / boom & busts) consistently keep reminding us that what goes up, must come down. We might find ourselves in a prolonged #expansion, but eventually it decelerates into a #recession
As part of #Macroeconomic management (counter cyclical), a #CentralBank's objective (through its #MonetaryPolicy) is to maintain #PriceStability & #FinancialStability & in other cases, to promote #FullEmployment. It does this hand in hand with #FiscalPolicy...
Read 15 tweets

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