The Bank of Canada has once again opted to keep its trend-setting Overnight Lending Rate — the benchmark used by consumer banks when setting their Prime-based pricing — unchanged. The rate remains at 0.25%, where it has held status quo since March of 2020
Click here to read the entire article by Penelope Graham:
https://storeys.com/bank-of-canada-announces-no-rate-change-hike-in-march/
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