ZCAN - BoC Holds Rates Steady Sees Inflation Below Target Through 2022 October, 29 2020 07:48 PM SPDR Solactive Canada ETF Bank of Canada keeps key overnight rate on hold at 0.25%. BoC doesn't see economic recovery until mid-2022. The Bank pares back bond buying program, shifts purchases towards longer-term bonds. For further details see: BoC Holds Rates Steady, Sees Inflation Below Target Through 2022