Robert McLister·Mortgage Broker News·May 23, 2014Neutral Rate In a Canadian context this refers to the level of the Bank of Canada overnight rate that neither stimulates nor restrains economic growth and inflation. This is a theoretical long-term rate used in economic modelling. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.