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Blog by Linda M Linfoot

The Bank of Canada Rate Annoucement

March 4th, 2015
The Bank of Canada has opted against a second consecutive interest rate cut today, keeping the key overnight rate steady at 0.75%
“Financial conditions in Canada have eased materially since January, in response to the bank’s recent monetary policy action and to global financial developments,” the Bank of Canada said. “This easing is reflected across the yield curve and in a wide range of asse ...