In 2022, the prime rate was raised seven times after the Bank of Canada’s announcements. The Bank of Canada’s website provides a daily digest that includes the current overnight rate ...

Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...

When the Bank of Canada adjusts its overnight rate, BMO’s prime rate increases or decreases ... including any current discounted rate offers. Compare Big 6 Bank mortgage rates Compare broker ...

TORONTO, Jan. 29, 2025 /CNW/ - TD Canada Trust today announced that it has decreased its TD Prime Rate by 25 basis points to 5.20%, effective January 30, 2025. The Toronto-Dominion Bank and its ...

National Bank of Canada, Desjardins Group, Equitable Bank and Bank of Nova Scotia announced Wednesday they would cut their prime rate, following the lead of the Bank of Canada. The banks said they ...

Big trade disruptions could (eventually) jackhammer both variable and fixed rates lower this year — despite rising inflation ...

If you have an existing fixed-rate loan, a change in the prime rate won’t affect your current interest rate or payments. But it will affect the rates of any new fixed-rate loans you take out.

As a self-made businesswoman, doctor, and three-time MP, Dhalla believes she has the experience to navigate Canada's ...

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...

Economists and markets expect a 25-basis-point rate cut this week, bringing the Bank of Canada's policy rate to a two-year ...