Quote:
Originally Posted by Jason Rogers
And what does everyone think about Jim Flaherty's comment about a potentially stronger CAD and intervening to weaken it: "There are some steps that could be taken to dampen that"
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Why would the BoC intervene
before a major move UP in Crude Oil...?
All what it would do is helping the japanese to get their oil imports cheaper and hurting the canadian oil industry at the same time.
I wouldn't think the BoC is interested...