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How low can rates go: Navigating a long-term low rate environment

Lori Sartor and Eric Haslett Commercial Strategy National Mar. 4 2021
In March 2020, at the outset of the COVID-19 pandemic, the Bank of Canada reduced the prime interest rate from 1.75 per cent to 0.25 per cent. This marked its lowest point since it dropped to this rate in 2009.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario,
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Canada: 1-855-569-6300
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