In 2007 and 2008,Canada was affected by the global financial crisis that had begun with the U.S.housing collapse.By the spring of 2009,the Bank of Canada had reached a practical minimum for its nominal policy interest rate of ________%.

Question

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The Bank of Canada reached a practical minimum for its nominal policy interest rate of 0.25% in the spring of 2009 during the global financial crisis.

In 2007 and 2008,Canada Was Affected by the Global Financial