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This was a bad decision, I would not doubt a reversal is coming. Bank of Canada estimates economic growth at 1.6% in 2019. Why would you destimulate the economy for that projected anaemic growth? With NAFTA changes coming plus slashed United States corporate tax rate we will be lucky to see 1.6% growth in 2019.
‘Bank of Canada hikes rates again, but warns of NAFTA fallout’ from The Globe and Mail