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Canada fin min: Canada can continue to do well with CAD at these levels

Quick bid in the loonie on the headlines
– Higher interest rates expected given the economy
– Interest rates are still at a historically low level
– Fiscal plan is to lower debt-to-GDP ratio
Morneau spoke in a Bloomberg TV interview. There were rumblings from the finance ministry that they were unhappy with the BOC hikes but, evidently not.