Banks lower prime rates following Bank of Canada move

Rubriques :

TORONTO – Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada. All of the Big Six including RBC, TD, BMO, CIBC, Scotiabank and National Bank said they are lowering their prime rate to 5.45 per cent, down from 5.95 per cent, […]

Bank Of Canada Pulls Trigger On Second 50 Bps Interest Rate Cut

storeys.com - 11/Dec 14:45

On Wednesday morning, the Bank of Canada (BoC) announced an interest rate cut of 50 basis points for their December decision — the eighth and last...

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

storeys.com - 09/Dec 21:25

Wednesday marks the eighth and last policy interest rate decision of the year, and as has been the case for the past two-and-a-half years (and...

BoC expected to lower interest rates again, with odds leaning toward larger cut

ottawa.citynews.ca - 09/Dec 09:00

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada this week. Statistics...

BoC expected to lower interest rates again, with odds leaning toward larger cut

ottawa.citynews.ca - 09/Dec 09:00

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada this week. Statistics...

Bank of Cyprus reduces loan interest rates by 0.25 per cent

cyprus-mail.com - 13/Dec 09:55

The Bank of Cyprus on Friday announced that it has “swiftly reacted to the European Central Bank’s (ECB) latest decision to cut interest rates,”...

NATIONAL POST – Pride, attachment to country endure significant declines

armchairmayor.ca - 14/Dec 01:26

Percentage saying they’re ‘very proud’ to be Canadian has dropped from 78% to 34% since 1985 By ANGUS REID INSTITUTE December 13, 2024 – The...

What The GTA Housing Market Can Expect In 2025

storeys.com - 12/Dec 16:37

"Normally, I'm planning vacations around now," Toronto realtor Susan Gucci told STOREYS in late-November. Instead, during a season where the housing...

BOJ wants banks to cut rates for customers

jamaica-gleaner.com - 22/Dec 05:07

The Bank of Jamaica (BOJ) will lower its benchmark policy rate effective Monday, but it chided the banks for the slow pace of adjusting rates downward...