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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 ...
Bank of Canada
U.S. prime rate
Big Five banks of Canada
Prime rate - Wikipedia ... Prime rate
Tiff Macklem - Wikipedia ... Tiff Macklem
Royal Bank of Canada