Then he said this:
“The persistent strength of the Canadian dollar could create even greater headwinds for the Canadian economy”
Doublespeak for: Canadians will lose their purchasing power to benefit the export sector.
The personal blog of Caleb McMillan
Tuesday, April 12, 2011
BoC: No Rate Hikes
The danger of low interest rates on the economy continues to baffle Mark Carney as he announced that the Bank of Canada would keep its policy rate at 1%.
Then he said this:
Doublespeak for: Canadians will lose their purchasing power to benefit the export sector.
Then he said this:
Doublespeak for: Canadians will lose their purchasing power to benefit the export sector.
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