Bank of Canada holds rates, wildfires to impact Q2

704 views · Published 25 May 2016 · 5:00 · Indexed 4 November 2026

Channel: TD · 2016 · Music

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The Bank of Canada held its key interest rate to 0.5% today and said Alberta's wildfires would have a significant impact on the economy, knocking off 1.25 percentage points off real GDP growth in the second quarter.

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