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Canadian dollar is getting a little ahead of itself: Market strategist

June 9, 2021

The Canadian dollar has been on fire, and continues to be strong as the Bank of Canada maintains its key interest rate at 0.25 per cent. Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to weigh in. He says that the Bank of Canada would only get concerned about the loonie if we see a disorderly move.

Watch the video.