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The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin

The Loonie Hour

CHAPTER

The Risk of Interest Rates Staying Higher for Longer

I think if anything, what is happening, I would say in the last few weeks has converted us in our stress test scenarios. And as a result, if you look at going where we are going forward, I think there are huge trends that will make the government bigger in the economy. So all these things considered, I think the track we are laying down is one that is maybe more realistic than the government one.

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