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Company: Bank of Canada

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stressed young couple worries about their finances

Seasonally adjusted household credit market debt reached 178.5%

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The Q4 slowdown was "sharper and more broadly based" than the BoC had anticipated

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Stephen Poloz says the path to higher rates is “highly uncertain”

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Trading volume of cryptoassets is about the same as that of U.S. municipal bonds

  • By: IE Staff
  • February 8, 2019 February 14, 2019
  • 15:02
Male hand with pen on the investment chart with calculator and canadian dollars

The sharp decline in oil prices has temporarily dimmed its outlook

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The Bank of Canada’s business outlook survey results come ahead of the central bank’s next interest rate decision set for Jan. 9

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Interest-rate hikes will still be needed over time

Male hand with pen on the investment chart with calculator and canadian dollars

Canada’s central bank keeps eye on oil slump, investment

increasing stacked red cubes with percentage symbol and blue arrow showing upward direction

Lower growth prospects expected to reinforce Stephen Poloz’s strategy of moving very gradually on rate increases

Paul Beaudry succeeds Sylvain Leduc