Bank of Canada says DLT not ready for interbank payment system

Bank of Canada says DLT not ready for interbank payment system

Following a year-long experiment, the Bank of Canada says that distributed ledger technology is not ready to act as the backbone of a wholesale interbank payment system.

More people relying on food banks, less are donating

Food banks are continuing to cope with a surge in demand due to rising food prices, with little hope of relief in sight. In Manitoba, the province’s largest food bank says it’s seen a 40 per cent increase in clients in the last year alone.

#FoodBanks #Inflation #FoodPrices

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Central Bank Digital Currency

Session: AFA Panel: Central Bank Digital Currency
January 8, 2022 12:15 to 14:15

0:00 – Chair: Markus Brunnermeier, Princeton University
07:56 – Darrell Duffie, Stanford University
18:43 – David Yermack, New York University
28:34 – Hyun Song Shin, Bank for International Settlements
47:05 – Q &A and Discussion

Bank of Canada Raises Rates Again to 4.25%

The Bank of Canada raised interest rates by 50 basis points to 4.25% on Wednesday, the highest since the beginning of 2008. Andrew McCreath, CEO of Forge First Asset Management and Earl Davis, head of fixed income and money markets at BMO Global Asset Management, are on BNN Bloomberg.

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How To Put Your Mortgage Payments On Pause – TD Bank Canada

What is a Mortgage Payment Vacation? How do they work? Explore your options with TD’s flexible mortgage features.