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corona virus

Canadians’ cost of borrowing going down amid virus concerns

March 26, 2020March 13, 2020
Photo of the exterior of a large bank

[By Canadian Press] The Bank of Canada slashed its key interest rate target by half a percentage point, dropping it to 1.25 per cent in what economists saw as a rapid response to the growing economic shock from the novel coronavirus outbreak.

Categories Corona Virus, General Interest Tags Bank of Canada, borrowng, corona virus, covid-19, outbreak
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