Bank of Canada lost $522M in 3rd quarter, marking first loss in its history

Bank of Canada lost $522M in 3rd quarter, marking first loss in its history

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Bank of Canada lost $522M in 3rd quarter, marking first loss in its history Central bank dramatically expanded assets during the pandemic as part of bond-purchasing program 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…

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