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The new North American trade deal struck on Sunday could allow the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the country’s biggest banks.

With the introduction of the United States-Mexico-Canada Agreement, an October rate hike by the central bank now appears to be a lock, analysts say, with more expected to follow in 2019.

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Bank of Montreal chief economist Douglas Porter said in a note that the agreement “is a major relief for Canada, lifting a heavy cloud of uncertainty from the outlook.” He added that BMO is now calling for three rate hikes in 2019, in January, April and July.

“Suffice it to say that this deal, along with last week’s solid run of data, all but cements a rate hike at the next policy announcement on Oct. 24, barring something truly shocking over the next three weeks,” Porter said. “While rate hikes will likely stay gradual, the pace may pick up slightly more than previously expected over the coming year.”