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30 Oct 2019

Poloz speech: Did not consider an insurance rate cut in September

Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins are now responding to questions from the press at a press conference following the Bank of Canada's decision to leave the policy unchanged at 1.75%. Below are some key takeaways, per Reuters.

"Not much has changed on the supply side of the housing market, still susceptible to a new wave of bidding wars."

"Given the amount of uncertainty due to trade tensions, the best approach is to hold firm and watch things develop."

"Did not consider an insurance rate cut in September."

Oct 30, 2019

Poloz speech: Stronger CAD bite at certain margins

Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins are now responding to questions from the press at a press conference following
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Oct 30, 2019

Look for easing from the BoC next year with a cut in January 2020 - TD Securities

The tone of the BoC's statement was more cautious than expected as the Bank put significant emphasis on weakness elsewhere in the global economy...
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