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The central bank's outlook assumes no second wave of Covid-19

The report could "speak volumes about the medium-term rate outlook," says an economist

Close of businesswoman making announcement in paper trumpet

New opportunities for tax planning come into effect on July 1

a man on a precipice

The economic should start to rebound in Q3, but the bounce back won’t last, Macklem says

a businessman treads carefully

From prescribed rate loans to leveraged investing, opportunities (and pitfalls) abound

Close of businesswoman making announcement in paper trumpet

The central bank says the current rate is as low as it can go to combat Covid-19

Businessman taking travel plan from a tourist agent at a tourist agency counter.

Canada's biggest banks have also lowered their prime lending rates for Canadians struggling due to Covid-19

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Banks followed the Bank of Canada, which cut its overnight rate again on Friday

  • By: IE Staff
  • March 30, 2020 March 30, 2020
  • 11:38
Falling interest rates concept

The unscheduled cut is the second this month

Man holding a credit card, typing on laptop, online shopping

The potential measure is in response to the pandemic