Bank of Canada hikes key rate to 3.75% <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=74729bdb07&e=250614e47e> Residential <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=3733762a4e&e=250614e47e>Toronto Star <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=e4b79dec04&e=250614e47e> Globe and Mai <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=57af9e5c92&e=250614e47e>Toronto Star <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=a769d7f093&e=250614e47e>
The Bank of Canada raised its key overnight lending rate to 3.75 per cent Wednesday as it attempts to get inflation under control and warned more hikes are coming amid growing criticism the hikes could push Canada into a recession.