Canada's central bank cut its overnight interest rate to 0.5 per cent on Tuesday, in yet another attempt to stimulate the country's sluggish economy. The record-low rate cut, the seventh in the last year, was widely expected by economists. "Consistent
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Bank of Canada lowers overnight rate target by 1/2 percentage point to 1/2 per cent OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. The operating
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