Bank of Canada - Prime Rate
July 19th, 2011Bank of Canada maintains overnight rate target at 1 per cent
OTTAWA, July 19, 2011 /CNW/ - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
The global economic expansion is proceeding broadly as projected in the Bank's April Monetary Policy R ...