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Country Focus

Canada: Don’t Rule Out Further BoC Cuts

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Expect additional BoC cuts in 2026 as mixed job gains and persistent uncertainty weigh on growth. Canada’s December jobs report sent mixed signals. Employment increased by 8.2k, above expectations but down from 53.6k in November. Job gains were driven by full…

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