Bank of Canada keeps key interest rate target on hold

OTTAWA -- The Bank of Canada left its key interest rate unchanged Wednesday and pointed to "increased uncertainty" about the timing of future rate hikes following the economy's abrupt deceleration in late 2018. The central bank's trend-setting interest rate is staying at 1.75 per cent for a third-straight policy announcement -- a stretch that comes after governor Stephen Poloz introduced five rate hikes between mid-2017 and last fall. Notably, the bank's statement Wednesday dropped language from