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Bank of Canada to resume 'business as usual' this year as it rebuilds its assets

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Summary
Nutrition label

76% Informative

Bank of Canada to resume business as usual’ this year as it rebuilds its assets.

Deputy governor Toni Gravelle said the bank’s reserves currently sit at $130 billion .

They expect to reach their target range to end quantitative tightening of $50 to $70 billion in the third quarter of this year .

VR Score

78

Informative language

76

Neutral language

70

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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