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Bank of Canada hikes interest rate for first time in seven years

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The Canadian Press
Published Wednesday, July 12, 2017 4:32AM EDT
Last Updated Wednesday, July 12, 2017 10:03AM EDT

OTTAWA – The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent, its first increase in nearly seven years.

This is a breaking news story. More to come.

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Bank of Canada hikes interest rate for first time in seven years

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