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Bank of Canada Rate Announcement April 18th, 2018

Bank of Canada Rate Announcement April 18th, 2018

by Jenn Slater | Apr 18, 2018 | Announcement, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¼ per cent. The Bank Rate is correspondingly 1 ½ per cent and the deposit rate is 1 per cent. Inflation in Canada is close to 2 per cent as temporary factors that have been weighing on...

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