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Anyone care to guess how big the projected deficit will be when the budget is announced? Could it exceed $30B? The BoC just put the Feds on notice that they are expecting a large stimulus to help the economy snap back into growth (the last 3 quarters have been at negative or zero growth).

The BoC probably didn't have much choice, lowering rates has already killed the dollar (a lower dollar was their objective, but currency stability is also important).

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