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Toll brothers Abbotsford

During much of the past 12 months, market expectations for Canadian monetary policy have been scattered. A Federal Reserve Fed rate hike on December 19, was the ninth of the tightening cycle that looked likely to be extend into the new year. The Bank of Canada appeared to be on the same with five hikes of its own, the last occurring on October 24, Underlying economic growth also provided a shifting backdrop with U.

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Bureau of Labor Statistics reported that the unemployment rate edged down by 0. They are a positive for overall GDP growth.

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