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*Updated* Ongoing Bank of Canada Benchmark Rate Announcements
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01-31-2025, 11:53 AM
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Fuzz
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Join Date: Mar 2015
Location: Pickle Jar Lake
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Just going on a limb here, but I think it's a money making strategy for the banks. It's only when one big bank, or the smaller lenders start dropping rates that they have any incentive to follow.
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