| | Monday, December 12, 2011 Good News Story To Round Out The Yearby Joanne Cross on Mon, Dec, 12, 2011 03:11 PM
As predicted, the Bank of Canada kept the benchmark interest rate flat. It would not have been a complete shock if there had been a nudge up, as Stats Canada recently reported that our economy is expanding at a 3.5 per cent annual pace.
But as economies around the world continue to show signs of struggle, the BoC decision to hold the rate at one per cent was no surprise.
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