An indication on the Financial institution of Canada constructing is seen in Ottawa on July 24. The Financial institution of Canada lowered its rate of interest by 50-basis factors to three.25 per cent on Wednesday. (Justin Tang/The Canadian Press)
The Financial institution of Canada lowered its rate of interest by 50-basis factors to three.25 per cent on Wednesday.
Extra to come back.
ABOUT THE AUTHOR
Jenna Benchetrit is the senior enterprise author for CBC Information. She writes tales about Canadian financial and client points, and has additionally not too long ago coated U.S. politics. A Montrealer based mostly in Toronto, Jenna holds a grasp’s diploma in journalism from Toronto Metropolitan College. You possibly can attain her at jenna.benchetrit@cbc.ca.
