Important Rate Annoucement!!
April 22nd, 2009IMPORTANT RATE ANNOUNCEMENT:
Bank of Canada Lowers Key Lending Rate Again; April 21, 2009
Major Canadian banks follow suit; reduce Prime Rate to 2.25%.
The Bank of Canada lowered the overnight lending rate by 25 bps, enabling financial institutions to decrease their Prime Rate to a new historic low of 2.25%.
The Bank of Canada has announced today that it has revised its recovery expectati ...