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BOC Sr. Deputy Gov Carolyn Wilkins says at...>

CANADA
CANADA: BOC Sr. Deputy Gov Carolyn Wilkins says at the current interest 
rate (1.75%) we still have room to manoeuvre.
- Canada economy, financial system resilient to any global "storm."
- Mentioned that in adverse scenario, inflation stays within the range 
1% to 3%. 
- Said various global uncertainty including US-China trade war has 
worsened.
- Household debts are the main source of domestic vulnerabilities, 
despite some progress. 
- Canadian economy is in a relatively good place; inflation close to 
target, unemployment rate near historic low, wage growth. 
- Ongoing adjustments on lower oil prices weigh on energy-producing 
provinces. 
- Total global debt is more than three times global GDP; much higher 
than it was before Great Recession.

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