Beyond Donuts is a multi-national corporation which transacts business in over thirty corporations and across four continents.
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Beyond Donuts is a multi-national corporation which transacts business in over thirty corporations and across four continents. The Finance Manager has determined that the Beyond Donuts can cut its borrowing costs by borrowing all its required debt funding out of its office in Canada, where its bank is offering a rate of only 3%. In Contrasts borrowing rates across the US and Europe average 5%. Relating to Bank of Canada's fiscal policy, what could have caused lower interest rates to be available in Canada.
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