21 January 2014

The Canadian dollar may change in any way tomorrow. Nevertheless, many expect Mr. Poloz to do his best and keep the currency low, as it may help the country’s exporters.

“Today the bank’s main concern is extremely low inflation, and we believe it will be underlined in tomorrow’s statement and the inflation forecast will be reduced,” – noted Benjamin Reitzes, senior economist of BMO Nesbitt Burns.

Please, tune-in tomorrow evening from 8 to 9pm to Radio Plus AM1430 for our regular live interview and analysis of BoC rate decision and mortgage market forecasts for 2014.