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Author: NooNoo Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 23  
Subject: Re: CIBC Date: 2/22/1999 6:51 PM
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While I agree that CIBC should do well this year, I disagree on the direction of the Canadian Dollar. With the Canadian Government running a $10 billion surplus I see the Loonie maintaining its current level or modestly increasing this year. However, deflation and economic growth are also concerns of the Bank of Canada. If the Bank decides to cut interest rates to address these concerns, then I can see the Loonie returning to 65.
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