UPDATE: APR 22, 2008 RATE ANNOUNCEMENT Key rate cut by 1/2 per cent Citing deepening woes in the U.S. economy that could further affect the Canadian and world economies, the Bank of Canada has slashed its key overnight lending rate by one-half per cent to 3 1/2 per cent. The Bank says that further economicContinue reading “Bank Of Canada Cuts Interest Rate – Mar 4, 2008”