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2017-10-08 00:41:34The Canadian dollar finally started to cool after the Bank of Canada Governor Poloz said “there is no predetermined path for interest rates from here. We will continue to feel our way cautiously”. It suggests the market should not expect new BoC rate hikes anytime soon. The loonie sat just over 80 cents, down from about 82.5 cents. In the meantime, UBS rated Toronto as the highest at risk of being in a housing bubble. Hey wait, isn’t that the city everyone ditches for Vancouver?
