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    Placeline/People
    City Vaughan
    Country Canada

    Bank of Canada governor explains sub-zero interest rates

    Bank of Canada governor Stephen Poloz says the central bank would consider pushing its interest rate below zero if the country ever suffered another major economic shock. But Poloz stresses the bank isn't planning to do that anytime soon. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP14626555 
    Legacy Identifier: b_BoC-Policy20151208T1730 
    Type: Video 
    Duration: 2m15s 
    Dimensions: 1920px × 1080px     188.65 MB 
    Create Date: 12/8/2015 5:30:00 PM 
    Display aspect ratio: 16:9 
    Tags
    Bank of Canada
    benchmark interest rate
    canadian economy
    Canadian monetary policy
    Economic Club of Canada
    economic disaster
    economic forecast
    economic policy
    economic stimulus
    interest rate
    low interest rate
    overnight lending rate
    Stephen Poloz
    sub-zero interest rate
    unconventional monetary measures