immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Bank of Canada

Bank of Canada: The loonie shed 0.06 of a cent to 97.08 cents US, according to CTV. Traders also looked ahead to a raft of economic reports that were held up because of the partial U.S. government shutdown that dragged on this month until late last week and TORONTO -- The Canadian dollar closed slightly lower Monday, two days before the Bank of Canada makes its next announcement on interest rates. Many economists expect the bank will keep its key rate at one per cent until around the fourth quarter of 2014. (www.immigrantscanada.com). As reported in the news.