Bank of Canada Maintains Key Interest Rate at 0.5 2016Jan20

2016-01-20


(From gogototo.com) Canada's economic situation is not as good as it used to be, and people expect the Bank of Canada should not raise interest rates.

Here is the information from Bank of Canada

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

Please check the details news from Bank of Canada official site.