Canadians

Canadians on Atlantic coast on alert as Hurricane Fiona passes near Bermuda | CNN

Canadians on Atlantic coast on alert as Hurricane Fiona passes near Bermuda | CNN

CNN — The deadly hurricane that battered several Caribbean island nations this week is now affecting Bermuda before hitting Canada this weekend, where residents have been warned to prepare for dangerously high winds and heavy rainfall. Officials in Bermuda as well as Canada’s Nova Scotia and Prince Edward Island are urging people in the storm’s …

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Bank of Canada's QT: Assets are down 24% from their peak.Bond's loss spiral, paid by Canadians

Bank of Canada’s QT: Assets are down 24% from their peak.Bond’s loss spiral, paid by Canadians

The Bank of Canada’s QT started earlier and is well ahead of the Fed’s QT. Written by Wolf Richter for WOLF STREET. The Bank of Canada’s balance sheet released on Friday showed total assets of C$439 billion, down 24% from a peak of C$575 billion in March 2021. By contrast, the Fed’s balance sheet peaked …

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