Home Economics Bank of Canada would be loosing 6 – 8 billion

Bank of Canada would be loosing 6 – 8 billion

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Carolyn Rogers of Bank of Canada informs Canadians the they would be loosing 6 to 8 billion dollars provided the interest rate does not go up. If it comes down then it would require 2 years to coverup those looses. For Canadians, if the Bank of Canada looses money on it’s products, it’s in fact Canadians money. Not only that the Bank wouldn’t pay any dividend.

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