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Sunday, March 18, 2007. Interest Rates Continue to Creep Up as Canadian Economy Surges Forward. Look for higher borrowing costs ahead as the Bank of Canada warns of another interest rate hike April 25- this, after a quarter percent hike March 7. source CBC. In a widely expected move, the Bank of Canada raised its key interest rate by one-quarter of a percentage point Tuesday morning. This was the seventh time that the bank has raised rates since the low of two per cent in mid-2004. Further tempering i.CONTENT
This web page immomontreal.blogspot.com states the following, "Sunday, March 18, 2007." We saw that the webpage said " Interest Rates Continue to Creep Up as Canadian Economy Surges Forward." It also said " Look for higher borrowing costs ahead as the Bank of Canada warns of another interest rate hike April 25- this, after a quarter percent hike March 7. In a widely expected move, the Bank of Canada raised its key interest rate by one-quarter of a percentage point Tuesday morning. This was the seventh time that the bank has raised rates since the low of two per cent in mid-2004."