Tag: The Bank of Canada

Bank of Canada Raises Interest Rate Again

Announcements 1 comment

The Bank of Canada raised its benchmark interest rate by a quarter of a point to one per cent on Wednesday. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. “Recent economic data have been stronger than expected, supporting the Bank’s view that growth in Canada is …Read More


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