Well, the banks have been doing it, and now the Bank of Canada have increased it's primes lending rate. The Bank of Canada released today the following article which can be read here, or read online at http://www.bankofcanada.ca/en/fixed-dates/2010/rate_010610.html
"Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market
OTTAWA ? The Bank of Canada today announced that it is raising its target for the overnight rate by ...
posted in General
at Tue, 01 Jun 2010 17:04:42 -0600