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CIBC Flags Inflation Risks from Loonie Drop | Markets & Money News
CIBC has issued a warning about the declining Canadian dollar, which has dropped about five percent since summer 2025. This "leaky loonie" poses inflation risks, potentially increasing inflation by 0.3 percentage points. If U.S. interest rates rise while Canada keeps its rates steady, imports may become more expensive, raising inflation, though it could benefit exports. Inflation may spike temporarily due to currency depreciation, complicating decisions for the Bank of Canada amidst economic
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