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Bank of Canada raises rates as Poloz’s tale of recovery from Great Recession finally starts coming true

Financial Post ~ July 11th, 2018Kevin Carmichael: Beyond trade, the bigger story in decision is that most companies are responding to their order books rather than headlines in business pagesThe Bank of Canada raised interest rates July 11 because Stephen Poloz’s tale about how the economy would recover from the Great Recession finally is coming true.Most everyone assumed the central bank would lift the benchmark rate a quarter point to 1.50 per cent. The few who didn’t thought ...

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CURRENT RATES

2 YEAR 3.29%

3 YEAR 3.49%

4 YEAR 3.59%

5 YEAR 3.34%*

5 YEAR Variable 2.70%*

Updated July 17th, 2018
*Special conditions apply. Interest rates are provided for information purposes only and are subject to change without notice.

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