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Bank of Canada holds key interest rate steady at 5%

Economy / Canada / News / Big Picture

The Bank of Canada kept its key policy rate on hold at 5%. The central bank says it's starting to see the economic conditions needed to lower rates, but that it's looking for more evidence the momentum can be sustained. Hafiz Noordin, VP & Director, Active Fixed Income Portfolio Management, TD Asset Management, speaks with Greg Bonnell about the decision and the market implications....