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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.”


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