Thread: *Updated* Ongoing Bank of Canada Benchmark Rate Announcements
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Old 09-23-2022, 11:08 AM   #369
The Fonz
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Join Date: Dec 2004
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Originally Posted by Slava View Post
I mean the overnight rate is 3.25%, and in the early 80's it was 17-19?

Didn't the federal government subsidize mortgages down from that level to a net 12% in the 80s?
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