Canadians are expected to have widespread immunity against COVID-19 by the end of the year – Tiff Macklem

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The Bank of Canada (BoC) forecast is that Canadians will have widespread immunity against COVID-19 by the end of the year, he said Tuesday BoC Governor Tiff Macklem, As reported Reuters.

Featured statements

“Getting vaccines to Canadians is the top priority, some delays are unavoidable.”

“The news of new variants is worrying.”

“Government measures were necessary to address the pandemic.”

“It will be important over time to restore a sustainable fiscal policy.”

“It may be a need for some new specific programs to address the COVID-19 crisis.”

“We are starting to see some early signs of excess exuberance in the housing market.”

“We are still a long way from where we were in 2016 and 2017 when it comes to the housing market.”

Market reaction

These comments had little or no impact on the pair. USD / CAD, which was last seen trading virtually unchanged on the day at 1.2606.

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