Article 46M53 Bank of Canada holds interest rate, views oil slump as temporary soft patch

Bank of Canada holds interest rate, views oil slump as temporary soft patch

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B88533313Z.1_20190109173012_000_GDJF4AC3

The bank is now projecting growth to be just 1.7 per cent this year, down from its October forecast of 2.1 per cent - but looking ahead it anticipates fresh momentum starting in the second quarter of 2019 and strong numbers in 2020.

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