Rbc Prime Rate
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Canadian mortgage costs set to rise as big banks raise prime lending rate to 6.45%Major banking institutions across the country followed in lockstep behind the Bank of Canada's 50-basis-point hike to its benchmark interest rate on Wednesday.EconomyDec 8, 2022
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Big banks hike prime interest rate after Bank of Canada decisionThe Bank of Canada said it was increasing its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation which is at its highest level since 1991.EconomyMar 2, 2022
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