Looser bank capital rules alone won’t boost economic activity, according to Bank of Canada Governor Tiff Macklem, echoing analysts who questioned whether a recent regulatory change would immediately spur more lending without borrowers at the door.
Looser bank capital rules alone won’t boost economic activity, according to Bank of Canada Governor Tiff Macklem, echoing analysts who questioned whether a recent regulatory change would immediately spur more lending without borrowers at the door.
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