Published by Conference Board of Canada. Read full article here. Key points The Bank of Canada held its overnight rate at the effective lower bound of 0.25 percent. The Bank Rate remained at 0.5 percent while the deposit rate was also unchanged at 0.25 percent. Overall holdings of Government of Canada bonds remain roughly constant as the Bank continues its reinvestment phase. The Bank continues to expect CPI inflation to remain high in the first half of 2022 but ease closer t