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Old 06-01-2010, 12:57 PM   #5
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by mykalberta View Post
According to CBCNW Canada GDP growth is/was at 6% so this shouldnt be a surprise.
That 6% figure is pretty misleading though. We had the Olympics which had an impact as well as a signifcant increase in the price of oil. I think that the BoC had a difficult decision to make here actually and there is no guarantee rates go up again in July.
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