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Bank of Canada move aims to blunt oil-price effects - Toronto Star
Toronto Star | Bank of Canada move aims to blunt oil-price effects Toronto Star “A fellow who was planning to replace his Ford F150 pickup truck this year and now faces uncertain employment in the oil sector doesn't buy that pickup truck,” Bank of Canada governor Stephen Poloz explained at a press conference in Ottawa. “That gets ... Bank of Canada surprises with interest rate cut as oil slump bites Interest rate cut doubles effect of falling oil price: Don Pittis Oil's threat vs. household debt: Poloz's delicate balancing act |
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