Macklem Says Bank Capital Rule Change Alone Won’t Spark Lending (opens original article in a new tab)
Bank of Canada Governor Tiff Macklem said looser bank capital rules won't boost economic activity on their own, as analysts also questioned if the regulatory change would immediately spur more lending without borrowers.
- Bank of Canada Governor Tiff Macklem stated that looser bank capital rules alone won't boost economic activity
- Analysts also questioned if the regulatory change would immediately spur more lending without borrowers
- The article suggests that increased lending requires both regulatory changes and borrower demand
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