Dealer consensus expects the central bank to leave its benchmark interest rate unchanged (+0.5%), with Gov. Polozexpected to keep his focus on downside risks even though signs point to a Canadian economy that “maybe” coming to life.Note: Many still argue that Canada’s economy is not as strong as the data would suggest, citing a recent setback in trade data and a household sector burdened with debt. Others argue that economic indicators, most notably job creation, point to an acceleration in growth.
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