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OntarioMortgageSuperstore.comCanada Retains Rate at 1% Amid ‘More Modest’ Recovery
Greg Quinn (Bloomberg) – Jan 17, 2012 10:31 AM ET The Bank of Canada kept its main interest rate unchanged for an 11th consecutive meeting and said economic growth will be “more modest” amid a weaker outlook for the U.S. … Continue reading →
2012 Schedule of BoC interest rate announcements
January 17 March 8 April 17 June 5 July 17 September 5 October 23 December 4
Bank of Canada stays in neutral
CBC – The Bank of Canada on Tuesday held its benchmark interest rate steady at one per cent, with the central bank warning that the country’s economy is performing slightly better than expected but will soon change. It’s the 10th … Continue reading →
BoC keeps rate unchanged, warns of risks, lower growth
By: Julian Beltrame, The Canadian Press OTTAWA – The Bank of Canada is hinting it will need to keep interest rates super-low for an extended period to keep stimulating the economy in the face of a scary global environment and … Continue reading →
Bank of Canada maintains overnight rate at 1 per cent
Ottawa, Ontario – 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. … Continue reading →
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