What Is The Prime Rate Today 2024 Canada

What Is The Prime Rate Today 2024 Canada. Canada prime rate forecast for 2024, 2025 and 2026 The prime rate in canada as of today is 6.70%.

The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. The prime rate, also known as the prime lending rate, is the annual interest rate canada’s major banks and financial institutions use to set interest rates for variable loans and lines of credit,.