Bank of Canada cuts rates to 0.25%, launches QE program

BOC cuts to 0.25% from 0.75%
At 0.75% before today the Bank of Canada was the among developed central banks. US T-bills were negative but Canadian equivalents still had a 'decent' yield at around 0.5% out to six months. That may have been a factor in the loonie's strength this week but the currency is lower