By Deborah Levine
NEW YORK (MarketWatch) -- The Bank of Canada maintained its benchmark interest rate at a quarter-percentage point on Tuesday, and remained committed to holding rates steady until the end of the second quarter of 2010. The overall risks to inflation are "tilted slightly to the downside," policy makers said in a statement. The Canadian dollar remained lower versus its U.S. counterpart. One U.S. dollar bought C$1.0585, compared to C$1.0577 before the announcement and up from C$1.0531 late Monday.
