Standing Senate Committee on Banking, Commerce and the Economy (BANC) (May 30, 2014)
ANNEX D: Media coverage of the Standing Committee on Banking, Commerce and the Economy
Summary: in the past three months, media coverage of the Standing Committee on Banking, Commerce and the Economy has been focused around the latest appearance of the Bank of Canada. Tone was neutral and coverage was factual:
- Macklem defends Bank of Canada's two per cent inflation target at Senate committee
- Bank of Canada's Carolyn Rogers is right. Weak productivity is a national crisis
- Bank of Canada warns of low productivity ‘emergency,’ making it harder to control inflation
- Expected wave of mortgage renewals contributed to latest rate hold: Bank of Canada - Mortgage Rates & Mortgage Broker News in Canada (canadianmortgagetrends.com)
- Canada's rocketing employment and food prices spell inflation worries | CBC News
OSFI’s November 2023 appearance in front of the Committee was also covered in the media. The coverage concentrated on the risks of negative amortization and fixed-payment variable-rate mortgages. Tone was neutral and coverage was factual.
- Fixed-payment variable rate mortgages a "dangerous product," says OSFI - Mortgage Rates & Mortgage Broker News in Canada (canadianmortgagetrends.com)
- Several big banks to be impacted by OSFI's new capital requirements for negative amortization mortgages - Mortgage Rates & Mortgage Broker News in Canada (canadianmortgagetrends.com)