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Bank of Canada rate announcement Dec 6 2023

Bank of Canada rate announcement Dec 6 2023

By Kerri Carter

The Bank of Canada Rate announcement is…..

**The Bank of Canada has HELD their policy interest rate at 5%! **No change from July 2023. This means that the PRIME RATE of Canada will stay at 7.2% until at least the next meeting in the new year on Wednesday, January 24, 2024.

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