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Bank of Canada says it will be reducing its workforce by 230 jobs

ReutersNov 6, 2025 5:08 PM

- Bank of Canada's Senior Deputy Governor said on Thursday that the central bank will be reducing its workforce by around 230 people as part of a drive to reduce expenses.

"We will be reducing our overall expenses by 15%, and part of that will be a reduction in workforce," Carolyn Rogers told a senate committee during a testimony.

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