Finance minister and Bank of Canada governor on COVID-19 economic response – March 27, 2020

Finance minister and Bank of Canada governor on COVID-19 economic response – March 27, 2020



Finance Minister Bill Morneau and Bank of Canada Governor Stephen Poloz hold a news conference in Ottawa following the central bank’s announcement that it is lowering its key interest rate to 0.25% in response to the economic impact of the ongoing COVID-19 (coronavirus) pandemic as well as the decline in global oil prices.