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The failure of modern NL politics

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Edward Hollett
Sep 08, 2023
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Do or not do. There is no try.
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Image of the Premier's letter to the Bank of Canada.

The Bank of Canada held interest rates this week at five percent.

The dollar dropped in response, which means that while Canadian goods going to the States are cheaper, goods Canadians need from the United States will cost more.

Inflation fears linger.

If the American Fed raises rates, that will add more inflationary pressure for Canadians.

The markets lar…

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