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The prime ministers of India and Canada could benefit politically in the short term from the unprecedented expulsion of top diplomats from each country, analysts said on Tuesday. Canada kicked out ...
That should happen on Sept. 7, with money markets leaning toward a hike of 75 basis points, which would take the policy rate to 3.25%. Bank of Canada expected to push interest rates into ...
interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April 2020 [5] 4.14 ...
Canada has the largest Sikh population outside India. [15] Sikhs who number 770,000, account for nearly 2 percent of Canada's population. [16] Some Sikhs living in Canada are prominent members of the Khalistan movement, which advocates for a separation from India to create an independent Sikh homeland.
Relations between India and Canada have suffered since Ottawa accused the Indian high commissioner and other top diplomats of being directly involved in the assassination of Hardeep Singh Nijjar.
The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. [4] Chartered in 1934 under the Bank of Canada Act, it is responsible for formulating Canada's monetary policy, [5] and for the promotion of a safe and sound financial system within Canada. [6]
Rising interest rates increase public debt charges, raising government expenditures. [1] From 2011 to 2021, falling rates meant that while public debt rose, public debt charges decreased from $29 billion to $24 billion. [1] The average interest paid on the federal debt was 4.6% in FY2007–2008, [1] and by FY2020-2021 it was 1.4%.
The two nations have been hit by the diplomatic row, which resulted in Canada withdrawing 41 diplomats from India after New Delhi in September asked Ottawa to reduce its diplomatic presence ...