Canada\u0027s commercial banks began announcing hikes to their prime rate after the Bank of Canada raised its key interest rate. Read on
By Wednesday afternoon Royal Bank of Canada, CIBC, TD Canada Trust, Laurentian Bank of Canada, Bank of Nova Scotia, Bank of Montreal, Equitable Bank and HSBC Bank Canada had all announced they were increasing the prime rate by 50 basis points to 5.95 per cent from 5.45 per cent, effective Oct. 27.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.
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Canadian banks raise prime rate to 5.95% after Bank of Canada hikeCanada\u0027s commercial banks began announcing hikes to their prime rate after the Bank of Canada raised its key interest rate. Read on
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Canadian banks raise prime rate to 5.95% after Bank of Canada hikeCanada\u0027s commercial banks began announcing hikes to their prime rate after the Bank of Canada raised its key interest rate. Read on
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Canadian banks raise prime rate to 5.95 per cent after Bank of Canada hikeCanada\u0027s commercial banks began announcing hikes to their prime rate after the Bank of Canada raised its key interest rate. Read on
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