Boosts outlook for Canadian economic growth The Bank of Canada kept its target for the overnight rate at one per cent for the third consecutive meeting on January 18 th , 2011. Correspondingly, the Bank rate remained at 1.25 per cent and the deposit rate remains at 0.75 per cent. The Bank said that the global economic recovery was proceeding at a somewhat faster than expected pace, but noted that risks remain elevated.
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Notes slowing global economic growth The Bank of Canada increased the target for its trend-setting overnight lending rate on July 20, 2010, raising it by a quarter of a percentage point to 0.75 per cent.
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Bank of Canada raises interest rates further
For the first time since 2007, the Bank of Canada raised its target for the overnight rate by one quarter of one percentage point to 0.5 per cent on June 1, 2010. The Bank rate was raised to 0.75 per cent and the deposit rate was unchanged at 0.25 per cent, thereby re-establishing the normal operating band of 50 basis points

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Bank of Canada raises interest rates: Canada becomes first country in G7 to hike
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REALTOR® PRIDE GOES FOR GOLD!
