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Bank of Canada raises interest rate

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The Bank of Canada has decided to raise its benchmark interest rate to 1.5 per cent, up 25 basis points — 0.25 percentage points. It's the fourth time the central bank has raised its rate since last summer. To read more: »»» Subscribe to CBC News to watch more videos: Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: Find CBC News on Facebook: Follow CBC News on Twitter: For breaking news on Twitter: Follow CBC News on Instagram: Download the CBC News app for iOS: Download the...
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