The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on October 20th, 2009. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent. The Bank acknowledged that recent indicators point to the start of a global [...]
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Bank of Canada Maintains Interest Rates
Posted in Mortgage, tagged Bank of Canada, Interest Rates, Mortgage on November 7, 2009 | Leave a Comment »