Tag: Bank of Canada
Market Watch: Canadian cleantech growth and stocks on the rise
General Market Commentary
The Bank of Canada held its target for the overnight rate at 5% on April 10, 2024, as it continues with its...
Market Watch: Feds continue to support clean fuel production projects
General Market Commentary
The Bank of Canada held its target interest rate at 5% on March 6, 2024. The Bank is continuing its policy of...
Bank of Canada releases first report on climate risks
The Bank of Canada has released its first annual report outlining the risks that climate change poses to its mandate and operations. The report evaluates...
Market Watch: More sustainable manufacturing in Canada
General Market Commentary
The Bank of Canada increased its interest rate 25 basis points to 4.75% on June 7. This is the first rate increase...
Market Watch: Bridging the supply chain gap for electrification
General Market Commentary
On May 4, Bank of Canada Governor Tiff Macklem spoke to the Toronto Region Board of Trade about price and financial stability....
Market Watch: Cleantech credits and green bonds
General Market Commentary
On March 28, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released the historic Budget 2023—A Made-in-Canada Plan: Strong Middle Class, Affordable...
Climate reform financer Mark Carney to chair asset management division of...
Brookfield has announced that former Bank of Canada and Bank of England Governor Mark Carney will become chair of its asset management division when...
New Industry Alliance for Net Zero Banking Launched
An industry-led, United Nations (UN)-convened Net Zero Banking Alliance has been been launched through the UN Financial Services Taskforce of the Sustainable Markets Initiative.
The...
Ignore Climate Change and Go Bankrupt, Warns Finance Expert
Companies that are not moving towards zero-carbon emissions will be punished by investors and go bankrupt, according to Mark Carney, the governor of the...