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May 31, 2011 - 1 minute read - Comments - business news

Bank of Canada Holds Interest Rate

At its meeting today, the Bank of Canada decided to leave interest rates unchanged. While the Canadian economy remains strong with annualized growth of 3.9% in the first quarter, a strong dollar has kept inflation in check. The Bank has indicated that it will start raising rates as the recovery continues. Experts predict that we could start to see rate increases this fall.

Opening A Business Bank Account Are Business Plans Useful?

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