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Economic improvement not enough to change BoC rate outlook Add to ...

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The Bank of Canada is expected to leave its key interest rate unchanged this week, but its outlook will grip observers as the pile of upbeat economic news becomes hard to ignore.

The central bank will release its monetary policy statement on Wednesday. It has left its overnight rate parked at just 0.5 per cent since mid-2015, after cutting the rate twice earlier that year in response to falling crude oil prices.

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