David Dodge on risks to economic outlook

Bank of Canada Governor David Dodge told the Senate Banking, Trade and Commerce Committee on Thursday that significant risks exist to the economic outlook. These risks relate to the timing and magnitude of adjustments to global economic imbalances. In particular, there is uncertainty about both the likely changes in key global exchange rates and their effect on the Canadian economy, Dodge said. He also told the Committee there was uncertainty about the sustainability of U.S. growth beyond mid

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