Economics
Bank of Canada to Bring Back Employees, Allow 50% Remote Work
- Central bank doesn’t expect normal office life until 2022
- Canada has fully vaccinated more than half of its population
The Bank of Canada building in Ottawa, where more employees will be allowed access over the fall as Covid-19 restrictions ease.
Photographer: David Kawai/BloombergThis article is for subscribers only.
The Bank of Canada will allow most of its employees to work remotely as much as 50% of the time once public health guidelines allow it to fully reopen its offices.
A limited number of staff are currently working in the central bank’s offices in Ottawa. The coronavirus pandemic has eased in Canada, with vaccinations rising and cases dropping, so the bank expects to bring back many employees after the summer. But it doesn’t see a return to normal conditions until 2022, an official said.