Bank of Canada 'ready to act' against banking turmoil, deputy governor Toni Gravelle says

Bank of Canada 'ready to act' against banking turmoil, deputy governor Toni Gravelle says

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Bank of Canada deputy governor Toni Gravelle said the central bank stands “ready to act” against a market-wide financial sector stress, making a point to calm any nerves that remain frayed from the turmoil that came in the wake of the collapse of Silicon Valley Bank almost three weeks ago. We…

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