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Senior Portfolio Manager & Wealth Advisor
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Higher productivity has propelled the U.S. economy ahead of its major peers in recent years, offering a blueprint for other countries and raising the stakes in the global race to harness emergent technologies such as GenAI.
The Bank of Canada lowered its benchmark interest rate by half a percentage point again in December, to 3.25%.
The Bottom Line: As expected, the Bank of Canada (BoC) cut the overnight rate by another 50 bps to 3.25% on Wednesday, right to the...