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https://www.theglobeandmail.com/business/article-bank-of-canada-losing-money-interest-rates/
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Bank of Canada poised to lose money for the first time on rising interest expenses - The Globe and Mail
11/15/22 at 2:30am
Organization
The Globe And Mail
Author
Mark Rendell
Details
48 words
Summarize
Banking
Business & Industrial
Bank of Canada
The Globe and Mail
interest expenses
The central bank’s aggressive push to increase interest rates has created a mismatch on its balance sheet. It is now paying a higher interest rate on its liabilities
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