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FIRST READING: Analysts predict loonie to rally in case of Conservative win

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If the Conservatives win the April 28 election, expect an immediate surge in the value of the Canadian dollar, according to a new foreign exchange analysis by the Dutch financial firm ING.

However, the report concludes that such a thing is unlikely, and that world financial markets are already planning for the lower Canadian dollar that would be yielded under another four-year Liberal term.

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