Historical Year Data · 2009

Canada Overnight Rate Target in 2009

Canada Overnight Rate Target opened 2009 at 0.25% and closed at 0.25%, a +0.00% move for the year. The high of 0.25% was reached on April 21, and the low of 0.25% on April 21.

Open

0.25%

2009-01

0.25%

183 data points

High

0.25%

Apr 21

Low

0.25%

Apr 21

Full Year Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Apr	0.25%	0.25%	0.25%	0.25%	+0.00%
May	0.25%	0.25%	0.25%	0.25%	+0.00%
Jun	0.25%	0.25%	0.25%	0.25%	+0.00%
Jul	0.25%	0.25%	0.25%	0.25%	+0.00%
Aug	0.25%	0.25%	0.25%	0.25%	+0.00%
Sep	0.25%	0.25%	0.25%	0.25%	+0.00%
Oct	0.25%	0.25%	0.25%	0.25%	+0.00%
Nov	0.25%	0.25%	0.25%	0.25%	+0.00%
Dec	0.25%	0.25%	0.25%	0.25%	+0.00%

Events During 2009

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

Next Year

Canada Overnight Rate Target in 2010→