Flash market update: Bank of Canada holds policy rate, cuts growth outlook

January 22, 2016

The Bank of Canada has decided the country’s faltering economy doesn’t need another boost from even lower interest rates… at least for now.

The consensus view leading up to today’s no-change rate decision was fairly evenly split between those who thought the central bank would cut the overnight lending rate for the third time in 12 months, and those who thought the BoC would hold the line.

So now what?
Read the commentary
from Sadiq S. Adatia, Chief Investment Officer, Sun Life Global Investments.

Please contact your Sun Life Group Retirement Services representative.