BOC Schrembri Q&A: NAFTA uncertainty is impacting business investment

Author: Greg Michalowski | Category: News

Q&A

BOC Schrembri answers Q&A and says:
  • NAFTA uncertainties impacting business investment
  • rates are below neutral because of NAFTA uncertainty
  • we recognize lower interest rates do create financial vulnerabilities
  • capacity is being hindered by firm's reluctance to take on investment in face of uncertainty
  • global forces determine equilibrium neutral rate in Canada
  • not enough evidence to move neutral interest rate

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