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The 50 basis-point increase by Canada's largest bank by market cap mirrors the Bank of Canada's hike, taking RBC's prime rate from 2.70 to 3.20 per cent. TD followed minutes later, also increasing ...
The prime rate is the annual interest rate that banks and financial institutions use to set interest rates for loans and lines of credit. Canada's big banks raise prime rates after Bank of Canada ...
In 1933, Prime Minister R.B. Bennett instituted the Royal Commission on Banking and Currency [12] and it reported its policy recommendations in favour of the establishment of a central bank for Canada. The Royal Commission's members consisted of Scottish jurist Lord Macmillan, Bank of England director Sir Charles Addis, Canadian former Finance ...
U.S. prime rate
Prime rate - Wikipedia ... Prime rate
Royal Bank of Canada
Tiff Macklem - Wikipedia ... Tiff Macklem
Big Five banks of Canada