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Blog by Linda M Linfoot

Bank of Canada

July 24th, 2012

Bank of Canada: Colour Me Surprised

Article written by Boris Bozic on the 19 Jul 2012 in Mortgage

“Our first clue – the overnight lending rate in the U.S. would remain the same until 2014.  The second clue was the most recent changes to mortgage rules here in Canada.”

BLAIR GABLE/REUTERS

On Tuesday, the Bank of Canada made no adjustment to the overnight rate.  No i ...