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Bank of Canada holds rate at 1%
Household debt not as big a concern
Last Updated: Wednesday, March 6th, 2013 | 11:09am PST Story by: Sandy Hall


 


    The Bank of Canada did the expected today -- holding its overnight policy rate at a superlow 1%.   That's the same rate it's been at for close to 2.5 years.  The country's central bank indicates it's not as concerned as it used to be about Canadian households carrying unwieldy amounts of debt.   

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