Bank of Canada Buys C$65 Million of Securities for One Day
The Bank of Canada bought C$65 million ($65 million) of securities for one day.
The central bank announced the purchase, aimed to keep overnight lending rates close to its current target of 1 percent, on its website today from Ottawa.
To contact the reporter on this story: Andrew Mayeda in Ottawa at email@example.com
To contact the editor responsible for this story: Chris Wellisz at firstname.lastname@example.org