Hello Google Searchers! A post about the March 3, 2009 announcement can be found here! This morning, the Bank of Canada lowered its key overnight lending rate (the rate at which it lends funds to Canada’s commercial banks) to 1%, slashing it a further 0.5% and taking to 3.5% the total amount shaved off theContinue reading “Bank of Canada Cuts Interest Rate To Lowest Rate In History At January Meeting”