Tag: bank of canada
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Interest rates paused, but remain unsustainable
Karen Savoy / Sputnik PhotographyHouse with a ‘for sale’ sign in the yard. The Bank of Canada has kept the policy interest rate at 5 per cent since Oct. 25, keeping mortgage…
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Oil prices key factor in Bank of Canada prime lending rate cut
The Bank of Canada lowered its prime lending rate from 1 to 0.75 per cent, in a decision that will affect many economic sectors such as the housing market, imports/exports and the…
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