Newspaper article The Canadian Press

Parliament Audio 11:35 AM ET

Newspaper article The Canadian Press

Parliament Audio 11:35 AM ET

Article excerpt

Parliament Audio 11:35 AM ET

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P04 - (BoC-Interest-Rate) MONTREAL x-15s. The Bank of Canada left its interest rate unchanged today and says the timing of future hikes will depend on factors such as how long the oil-price slump lasts, how well business investment picks up its pace and how much room the economy still has left to grow. Experts like Laurentian Bank chief economist Sebastien Lavoie say these new considerations will likely mean the Bank of Canada will wait longer to raise its trend-setting interest rate. ("..sure anymore.") (SOURCE: The Canadian Press)

TAG: The central bank's decision maintains its trend-setting rate at 1.75 per cent and it follows a quarter-point increase at the bank's previous policy meeting in October.

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P03 - (Global-Compact-Concerns) OTTAWA. …

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