June 18, 2020 / 6:21 PM / 21 days ago

BRIEF-If a second wave of coronavirus was severe like first wave, impact on Canadian economy could be serious - Bank of Canada deputy governor

June 18 (Reuters) - Bank of Canada Deputy Governor Lawrence Schembri says:

* IF A SECOND WAVE OF CORONAVIRUS WAS SEVERE LIKE FIRST WAVE, THAT COULD HAVE ANOTHER SERIOUS IMPACT ON CANADIAN ECONOMY; NEEDS TO BE AVOIDED

* CANADA WILL REMAIN AN ATTRACTIVE PLACE FOR FOREIGN INVESTMENT

* CENTRAL BANK WANTS TO AVOID SITUATION WHERE THERE IS PERSISTENT DEFLATION (Reporting by Kelsey Johnson)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below