The Bank of Canada leaves its benchmark rate unchanged at 1%, but has a hawkish message. "In...

|By:, SA News Editor

The Bank of Canada leaves its benchmark rate unchanged at 1%, but has a hawkish message. "In light of the reduced slack in the economy and firmer underlying inflation, some modest withdrawal of the present considerable monetary policy stimulus may become appropriate." The loonie is flying, +0.8% to $1.0085.