The Bank of Canada has held its overnight rate target at 1.0 percent since September 2010. It said last month that an eventual rate hike was "less imminent" due to weaker-than-expected growth and inflation.
http://www.bnn.ca/News/2013/2/12/Carney-says-G7-needs-to-press-G20-on-exchange-rates.aspx
Carney: slack job market warrants low rates
Blog by Brad Herman | February 13th, 2013
