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The Bank of Canada's surprise cut to its overnight rate will help to buffer against the impact on employment, household incomes and mortgage serviceability in particular for Western Canada, the ensuing drop in the Canadian dollar should also provide a stimulus for the economy nationwide.

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Reuters 9 years ago
Mark Allen

Mark Allen

Sir Mark John Spurgeon Allen CMG is a British former spy, turned businessman and academic lecturer.

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    "Mark Allen Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.quotes.net/citizen-quote/39930>.

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