Relative position of Canada-US monetary policy means US dollar strengthening against the Canadian dollar
- High household debt is a reason we've moved very cautiously to make sure we are not overdoing the increases
More from Tim Lane, Deputy Governor of the Bank of Canada. Nice with the jawbone Mr. Lane!
Lane remarking on divergent monetary policy between Canada and US, saying its a it's a areson for the CAD to fall against the USD.
Earlier:
more to come
