September 3, 2014 BoC Rate Announcement
The Bank of Canada has again decided to keep their key overnight lending rate unchanged. This, despite the fact that inflation (CPI) has moved closer to the 2% target. The Bank’s key rate directly influences the Prime rate which is the index rate used for floating/variable rate lending. There continues to be no reason for […]
September 3, 2014 BoC Rate Announcement Read More »