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By Oaken Financial November 09, 2022
The benchmark rate is higher now than it has been in a decade and could continue to climb. read more
By Scott Boyd April 22, 2019
Recent employment and economic progress reports suggest that the strong growth recorded by the Canadian economy during much of 2018 could be slowing. read more
Bank of Canada interest rate announcements always attract significant media and public attention. That’s because interest rates have an impact on all Canadians. read more
In discussing its recent decision to hold the benchmark lending rate steady at 0.5 percent, Bank of Canada Governor Stephen Poloz did not rule out the possibility of implementing a negative interest rate if the economy doesn’t show increased strength in the coming months. read more

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