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Lane: Economic Progress Report: Charting Our Own Course

From bankofcanada.ca

Good morning. It is a pleasure to be here to share my thoughts about the Canadian economy and discuss the decision we announced yesterday to hold interest rates steady. I’d like to thank the Ottawa Board of Trade for the invitation. It is news to no one that we are living in unsettled times. The world economy continues to be buffeted by trade conflict, and relations between the United States and China are on a roller coaster. This enduring uncertainty has already done some damage. Global growth has suffered. Because Canada is an open economy dependent on trade, our economy has suffered as well. Commodity prices, ... (full story)

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