-0.6 C
New York
February 2, 2023
Worship Media

Bank of Canada lost $522 million in third quarter, marking first loss in its history

The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history. In the central bank’s latest quarterly financial report, it says revenue from interest on its assets did not keep pace with interest charges on deposits at the bank. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/bank-of-canada-lost-522-million-in-third-quarter-marking-first-loss-in-its-history-1.6173608

Related posts

Pattie Lovett-Reid: My hopes and fears for the federal budget

CTV News

Asian shares skid after hot price data point to rate hikes

CTV News

Disruption to daily routine impacts Q3 profits, sales for Tim Hortons’ parent company

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy