From The Epoch Times:
"In what might be a recent record for brevity by the Bank of Canada, its March 1 statement seemed to provide a counterpoint to every positive development in the economy and, not surprisingly, the overnight rate target was held at 0.50 percent. 'On balance, it’s steady as she goes,' said Oxford Economics senior economist Oren Klachkin in an email. He doesn’t think a rate cut, which was an option in January, is on the table anymore. 'Having the ammo in the basket to support the economy in the case of a negative shock is for now the more pertinent concern for policymakers,' he added."