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In the Tuesday, April 22, 2008, edition of the Edmonton Journal, reporter Eric Beauchesne discusses a report released recently by the C.D. Howe Institute. Written by fellow-in-residence David Laidler, the report states that Canada's balance of risks is tipped toward an inflation undershoot, in the absence of further monetary easing by the Bank of Canada . President and CEO of the C.D. Howe Institute, William Robson, is also cited in the article, stating that problems in the commercial-paper market have widened many short-term credit and money-market spreads. Robson goes on to say that the Bank of Canada has dealt with this issue by cutting rates more than it likely would have done otherwise and injecting extra cash into credit markets. The Edmonton Journal. Tuesday, April 22, 2008. Page: F3. Section: Business. Byline: Eric Beauchesne. Dateline: OTTAWA. Source: Canwest News Service.