Prime Lending Rate
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Big six lenders raise prime rates past 7% after Bank of Canada hikeThe cost of borrowing has increased again as all six big Canadian banks hiked their prime rates in lockstep with the Bank of Canada's policy rate.MoneyJul 13, 2023
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Big banks raise prime lending rates to 6.7% after Bank of Canada hikePrime lending rates at Canada's big six banks rose by 25 basis points after the central bank's eighth consecutive interest rate increase on Wednesday.MoneyJan 26, 2023
