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Bank of Canada Rate Announcement April 13th, 2016

Bank of Canada Rate Announcement April 13th, 2016

by Glenn Maclaren | Apr 13, 2016 | Announcements, Blog, Mortgage

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. Growth in the global economy is expected to strengthen gradually from about...

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