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Bank of Canada maintains overnight rate target at 1/2 per cent

Tuesday, December 8th, 2015 in Uncategorized | No Comments

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global economic growth is evolving essentially as the Bank had anticipated in its October Monetary Policy Report (MPR). The […]


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