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Stephen Poloz, Governor of the Bank of Canada, holds a press conference at the National Press Theatre in Ottawa on Wednesday, June 8, 2017. (Sean Kilpatrick/THE CANADIAN PRESS)
Stephen Poloz, Governor of the Bank of Canada, holds a press conference at the National Press Theatre in Ottawa on Wednesday, June 8, 2017. (Sean Kilpatrick/THE CANADIAN PRESS)

What has to go right for the economy before BoC hikes rates Add to ...

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After nearly seven years without a Bank of Canada interest-rate increase, seeing a rate hike on the horizon has all too often been like seeing a rainbow. “This time is different” is something we’ve heard too many times to not be cynical.

But this time is different. The conversation has shifted discernibly in the past couple of weeks – from what might convince the Bank of Canada to start raising rates, to what’s going to stop them.

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Poloz warns about increased speculation in the Toronto housing market (The Globe and Mail)

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