Bank of Canada Monetary Policy Report, Apr 2006

The Bank of Canada released its April 2006 Monetary Policy Report on 27 April. The latest report says the Canadian economy continues to grow at a solid pace, supported by robust global growth, firm commodity prices, and strong domestic demand.

At the same time, global competition and the past appreciation of the Canadian dollar continue to pose challenges for a number of sectors. All factors considered, the Canadian economy is judged to be operating at, or just above, its production capacity.


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