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C$ steadies as Ontario votes, BoC assesses financial stability

Published June 7, 2018 Updated June 7, 2018 03:14pm
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By Shoaib Ur RehmanReuters
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TORONTO: The Canadian dollar was little changed against its US counterpart on Thursday as voters in Ontario headed to the polls and ahead of an assessment by the Bank of Canada of risks to the stability of the financial system.

The central bank, which has worried about the country's high household debt, will release at 10:30 a.m. EDT (1430 GMT) its June issue of the Financial System Review.

A press conference with Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins will follow at 11:15 a.m. EDT (1515 GMT).

Copyright Reuters, 2018
 

 

 

 

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