Bank of Canada keeps overnight rate target at 3 per cent
OTTAWA, Ontario, September 03, 2008 — The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 1/4 per cent.
The three global developments highlighted in the July Monetary Policy Report Update continue to have a major influence on the Canadian economy. …
FULL STORY
Source: CanEquity Mortgage News
FULL STORY
Source: CanEquity Mortgage News


