At the fourth announcement of 2024, the Bank of Canada today has finally decided to reduce the overnight rate which means Prime will fall to 6.95%. The next scheduled date for announcing the overnight rate target is July 24, 2024….
For the third announcement of 2024 (6th 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…
For the second announcement of 2024 (5th 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…
For the first announcement of 2024 (4th 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…
For the third 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 January 24, 2024….
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….
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 October 25, 2023. https://www.bankofcanada.ca/2023/09/fad-press-release-2023-09-06/
The Bank of Canada has decided to raise the overnight rate today by 0.25%. Expect Prime to rise to 7.20% (previously 6.95%). The next scheduled date for announcing the overnight rate target is September 6, 2023.
The Bank of Canada has decided to raise the overnight rate today by 0.25%. Expect Prime to rise to 6.95% (previously 6.70%). The next scheduled date for announcing the overnight rate target is July 12, 2023.
More relief for variable rate mortgage holders. The Bank of Canada has decided to maintain the overnight rate today. Prime will remain at 6.70%. The next scheduled date for announcing the overnight rate target is June 7, 2023.