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BoC Gov Macklem says taking the recent strength of the CAD into account

BoC Gov Macklem says taking the recent strength of the CAD into account

Central Banks
Eamonn Sheridan
16/06/2021 | 23:41 GMT

Bank of Canada Gov Macklem:

  • The recent strength of the CAD could weigh on our projections, could cut exports, and we are taking that into account
  • if the CAD rises further it could impact the potential for recovery of exports of servcies

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