According to a Global News Article, the Bank of Canada maintained a key interest rate at 1.75 and is forecasting a slower-than-expected start for the Canadian economy for 2020. The bank expects the Canadian economy to grow by 1.6, down 0.1 of a percentage point from its projection in October. The blame was placed on the anti-pipeline protests affecting rail operations and on the global trade influence. Meanwhile, according to a Reuter’s article, Canada added 34,500 jobs in January - more than twice the number of jobs expected.
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