Bank of Canada holds rate, drops forward guidance

As of October 23rd, 2013, the advertised five-year lending rate stood at 5.34 per cent, unchanged from the previous Bank rate announcement on September 4th

Bank of Canada downgraded its forecast for growth

The Bank’s decision to lower its growth forecast was due to a deterioration in a number of key economic indicators through the first quarter of this year.

Bank of Canada keeps interest rates on hold

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is

Bank of Canada keeps interest rates on hold - March 2012



The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

The Bank of Canada held its trend-setting Bank Rate

The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on May 31, 2011. This marks the sixth consecutive policy rate announcement for which interest rates have been kept on hold.
The Bank now sees headline inflation as staying above 3 per cent in the

Bank of Canada, Overnight Rate Target Announcement

The Bank of Canada announced that it is maintaining its target for the Overnight Lending Rate at one per cent.
The Bank acknowledged that Canadian economic growth has been stronger than anticipated and temporary factors such as rising energy

Bank of Canada maintaining overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.  The global

The Bank of Canada maintained its trend-setting benchmark interest rate at 1 per

Toronto-Tuesday October 19 ,2010 The Bank of Canada maintained its trend-setting benchmark interest rate at 1 per cent after three consecutive increases. The prime rate will remain at 3 per cent, which means there is no effect on mortgage holders car loans and credit.for the short term. In general, the economic forecast is

Bank of Canada increases overnight rate target to 1 per cent

OTTAWA –September 8, 2010  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

Bank of Canada Increases Overnight Rate

The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and