Small font size A Larger text size A Largest text size A

Bank of Canada governor says budget incentives will enhance productivity if executed well

BY Reuters | ECONOMIC | 11/05/25 06:34 PM EST

OTTAWA, Nov 5 (Reuters) - Bank of Canada Governor Tiff Macklem said on Wednesday the proposals in the federal budget to enhance the country's productivity will yield results if they are executed well.

"These things are pointing in the right direction, but it's going to come down to execution," he said, while answering questions during a testimony before the House of Commons Standing Committee on Finance.

The federal budget was presented to Parliament on Tuesday laying out billions of dollars as capital investments to build infrastructure, boost productivity, defense spending and housing. (Reporting by Promit Mukherjee; Editing by Chris Reese)

More Fixed Income News

AM Best Withdraws Credit Ratings of Southern General Insurance Company BY Business Wire |CORPORATE 04:24 PM EST
Fed's Daly says this week's rate cut was right move for Fed BY Reuters |ECONOMIC 04:07 PM EST
Munis steady to weaker in spots, new-issue calendar falls to $5.9B BY SourceMedia Bond Buyer |MUNICIPAL 04:02 PM EST
Trump says he is leaning toward Warsh or Hassett to lead the Fed, WSJ reports BY Reuters |ECONOMIC 03:55 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article