Patrick Cleary and Christy Tang had an article published in Lexpert Magazine titled, “Rising Interest, Rising Tensions: The Bank of Canada’s response to Canada’s Inflation Problem.” The article provides an in-depth analysis of the Bank of Canada’s (BOC) interest rate increase as well as criticisms and solutions.
Key take aways of the article include a historical overview of the BOC’s successes, reasoning behind the Bank of Canada’s recent aggressive interest rate increases, evaluation of the current criticisms against the BOC, and analysis of several potential solutions to Canada’s inflation problem.Full Article
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About our Banking + Lending Practice Group
Drawing on their deep knowledge of banking and finance, our lawyers act for financial institutions, borrowers and private lenders in a broad range of secured financing transactions, including syndicated loans, leveraged buyout transactions, and asset-based lending. We provide knowledgeable legal counsel to lenders including banks, trust companies, credit unions, funds, and asset-based lenders. We also act for borrowers, trustees in bankruptcy, receivers, and managers. Our lawyers regularly assist clients in routine and complex debt financing and secured and unsecured lending transactions. On every file, we take the time to understand the needs and objectives of our clients.
Please contact a member of our Banking+ Lending Practice Group if you have any questions.