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Bank of Canada holds rate, forecasts economy won’t recover until 2022

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The Bank of Canada is holding its key interest rate at 0.25 per cent in response to what it calls the “extremely uncertain” economic...

Liberals to detail preview of federal deficit, spending affected by COVID-19

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The federal Liberals are to lay out Wednesday how they see the COVID-19 pandemic affecting government finances for the fiscal year including an estimated...

COVID-19 to leave some lasting economic damage, Bank of Canada chief...

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The COVID-19 pandemic will leave some long-term economic damage that will only become clearer as the country moves further along a "prolonged and bumpy" course...
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