Quote:
Originally Posted by PeteMoss
US rates are likely to go up but the Canadian economy not exactly firing at all cylinders right now I wouldn't expect to see it go up here in the near future.
But I'm far from an expert on this.
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That's just it. If rates in the US go up then the canadian dollar will drop. That's good for the canadian economy, especially in the east. If oil goes up tomorrow rates in canada will follow.