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ru24.net
World News
Март
2016

REFILE-Canada fiscal stimulus, recovery, may mark end of rate cuts

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(Refiles to fix table formatting) By Leah Schnurr OTTAWA, March 23 (Reuters) - A stimulus budget from Canada's new Liberal government, combined with a modest recovery in oil and non-commodity exports, makes it likely the Bank of Canada's next move will be an interest rate rise rather than a cut. Economists said the C$29.4 billion ($22.25 billion) deficit for the coming fiscal year, equal to about 1.5 percent of gross domestic product, diminished but did not eliminate the likelihoo




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