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Recent Articles
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Bank of Canada increased its target for the overnight rate to 1.5%, with the Bank Rate at 1.75% and the deposit rate at 1.5%; the Bank is continuing its policy of quantitative tightening
Published:
June 01, 2022
by Bank of Canada
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RBC Economics: Inflation and rising borrowing costs will affect all Canadian households, hurt low-income Canadians most; return of overnight rate to 2% will hike average Canadian household debt payments by nearly C$2,000, or 15%, in 2023
Published:
April 27, 2022
by The Canadian Press
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Bank of Canada increased its target for the overnight rate to 1.0%, with the Bank Rate at 1.25% and the deposit rate at 1.0%; the Bank is ending reinvestment, will begin quantitative tightening, effective Apr. 25
Published:
April 13, 2022
by Bank of Canada
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Bank of Canada increased its target for the overnight rate to 0.5%, with the Bank Rate at 0.75% and the deposit rate at 0.5%; the Bank will keep overall holdings of Government of Canada bonds on its balance sheet roughly constant
Published:
March 02, 2022
by Bank of Canada
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Bank of Canada holds its target for the overnight rate at the effective lower bound of 0.25%; bank is continuing its reinvestment phase, keeping overall holdings of Government of Canada bonds roughly constant
Published:
January 26, 2022
by Bank of Canada
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