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Bank of Canada lowers overnight rate target to 1/2 per cent

7/15/2015

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The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.
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  • Home
  • Services and Products
    • Mortgage Features
    • Collateral Mortgage Versus Standard Charge Mortgage
    • HomEquity Mortgages
    • Mortgage Refinance
    • Mortgage Renewal
    • Buying your Home
  • Mortgage Calculators
  • Rates
  • Contact
  • About
    • About Rita Cousins
    • The Cousins Team
  • Blog