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Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

The Canadian economy is still in need of more fuel from interest-rate cuts, with third-quarter output growing slower than the Bank of Canada’s latest estimate.

By: financialpost.com

Oct 31 2024
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Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

(Bloomberg) — The Canadian economy is still in need of more fuel from interest-rate cuts, with third-quarter output growing slower than the Bank of Canada’s latest estimate. Read More

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Stalling economy set to miss Bank of Canada forecast