Fidelity says zero interest rates in Canada are “what eventually will happen”

David Wolf, a former Bank of Canada adviser under Mark Carney, and now at Fidelity Investments, says the Bank of Canada will eventually cut rates to zero

• Says Canada is hobbled by weak oil prices, indebted consumers and that the CAD remains too strong to draw new business investment

The next BoC meeting is on April 15

Also, from PIMCO fund manager Ed Devlin:

• "We think the BOC will take out another 25-basis-point insurance policy later in 2015"
• "With so many question marks around the path of economic recovery in 2015, a third rate cut is possible later in the year if oil prices continue to decline"

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