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Poloz warns of oil shock's effects as Bank of Canada holds lending rate - The Globe and Mail (subscription)
The Globe and Mail (subscription) | Poloz warns of oil shock's effects as Bank of Canada holds lending rate The Globe and Mail (subscription) Low oil prices are continuing to sap business investment and put a dent in the value of Canadian exports, overwhelming some of the improvements elsewhere in the economy. The bank now expects spending in the energy sector to drop another 20 per cent in ... Bank of Canada holds interest rate at 0.5% as oil shock lingers |
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