KNOWLEDGE CENTRE

Knowledge Centre Archive

Jul
17
2017

Well That Was Fast: The Bank of Canada Shifts Gears

  • After several years of commitment to a stimulative low-interest rate environment, the Bank of Canada abruptly shifted gears and began tightening policy.
  • The reaction in short-term rates was swift and sharp; the rise in long-term rates was more subdued.
  • Investors should remain calm, remembering the benefits of diversification. We believe our portfolios are well positioned for the challenges of rising interest rates. 
Read the full commentary about the BoC's shift.