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Shelves are stocked at a Target store in Guelph, Ontario, March 4, 2013, as the American retail giant prepares to open its first three pilot stores in Canada on March 5.
Shelves are stocked at a Target store in Guelph, Ontario, March 4, 2013, as the American retail giant prepares to open its first three pilot stores in Canada on March 5.
(Geoff Robins/Reuters)

DAVID PARKINSON

Bank of Canada’s source of optimism: Household spending?

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

See that expectation sitting over there that the Bank of Canada will eventually raise interest rates? No need to have it removed to the scrap heap. But you might want to pick it up and move it back a little deeper into the corner.