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Weekly Commentary

The Bank of Canada Appears More Optimistic and Will Reduce Its Quantitative Purchases

April 23, 2021
François Dupuis • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon


  • United States: New home sales surged in March, but resales declined again.
  • The Bank of Canada (BoC) kept its key rates unchanged but will reduce its quantitative purchases on the financial markets.
  • Canada: Housing starts reached a new all-time high.
  • Canada: Total annual inflation rose sharply in March.