Christmas in July for Bank of Canada or Canada's Ec...JCVdude
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- 6 months ago
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As Canada's economy struggles to survive, why would the Bank of Canada chose now to raise interest rates?
Canadian dollar gained around $.5 (five cents) in a short time.
Why is Canada raising interest rates? Is it to appease the USA in NAFTA negotiations? Is it so there will be a cushion for the coming global economic crisis?
Ask why? Nothing happens by chance, who benefits, who will be hurt?
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