Judging by the declines in the Bank of Canada's Financial Conditions Index (FCI), financial conditions appear to have tightened recently, despite somewhat lower bond yields. Although the amount of tightening thus far has been modest, it is further evidence to add to a growing list of economic indicators that casts doubt over the sustainability of Canada's economic recovery.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services