Banks cut prime rate to 5.2%, following Bank of Canada's lead
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...
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10 steps to take with the Bank of Canada interest rate change: How 1.2 million mortgage holders can prepare
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...
Odds of Bank of Canada interest rate cut in March drop after jobs beat
Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the economy created more jobs than ...
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Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
What the new Bank of Canada interest rate cut means for Canadians
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...
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Prime Rate in Canada: What It Is, How It’s Set
The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...
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Bank of Canada cuts interest rate, warns it can do little to offset U.S. tariff impact
Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada ...
National Bank of Canada decreases prime rate to 5.2%
National Bank of Canada (NTIOF) announced a decrease in its prime rate by 25 basis points to 5.20%, effective January 30, 2025. Invest with ...
Bank of Canada expected to cut interest rate by quarter point as tariff threat looms
The central bank’s interest rate currently sits at 3.25 per cent, the top-line of the bank’s neutral range. In December, Bank ...
Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
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Here's what the new Bank of Canada interest rate cut means
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...