CBC.ca | Interest rate cut doubles effect of falling oil price: Don Pittis CBC.ca In some ways and in some parts of the country falling oil prices are a big improvement on rate cuts, chief of which is that lower oil does not force people or businesses to borrow more money to get the benefits. This is important in a country where the ... Oil's threat vs. household debt: Poloz's delicate balancing act Bank of Canada move aims to blunt oil-price effects Bank of Canada shocker: key interest rate drops to 0.75% amid oil slump threat |