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Weekly Market Insight - October 22, 2010

After it beat a hasty retreat from excessive optimism, the Bank of Canada issued a new growth projection that looks a lot like our own, with a similar global forecast, if still a modestly more optimistic take on what that means for Canada. But there are also some interesting observations from the Bank on how it expects the composition of growth to unfold.

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After it beat a hasty retreat from excessive optimism, the Bank of Canada issued a new growth projection that looks a lot like our own, with a similar global forecast, if still a modestly more optimistic take on what that means for Canada. But there are also some interesting observations from the Bank on how it expects the composition of growth to unfold.