
By Pete Evans, CBC News, September 7, 2016
Central bank’s key interest rate remains at 0.5%, unchanged since summer of 2015
The Bank of Canada opted to keep its benchmark interest rate at 0.5 per cent on Wednesday, the same level it’s been at for more than a year.
The central bank, led by Governor Stephen Poloz, said
Wednesday that underlying economic conditions don’t warrant a change in policy at this time.