Tuesday, February 10, 2015

Why Is The Loonie Tumbling???

It's The Economy Stupid!

Bank of Canada Governor Stephen Poloz rejects speculation that he is trying to boost growth by weakening the Canadian Dollar. He claims the currency decline is due to deterioration in the economy's outlook.

To read Mr. Poloz's full take on the current Canadian economy including the impact of falling oil prices visit the Financial Post webpage.


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