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Monthly Archives: May 2017

Interest Rate Update – BOC Offers Hint of Optimism

The Bank of Canada (BOC) left rates unchanged today, however the tone of their statement had a hint of optimism.

The main points in today's message were that the global economy is still moving forward, employment in Canada is improving and business investment is picking up. The last point is critical since the it's the key ingredient to sustained economic growth.

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