Bank of Canada maintains overnight rate, Prime will stay at 7.20%.
For the second announcement in a row, the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%.
The next scheduled date for announcing the overnight rate target is December 6, 2023.
https://www.bankofcanada.ca/2023/10/fad-press-release-2023-10-25/