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East Block (left) and the Office of the Prime Minister and Privy Council (right) have housed the office of the prime minister since Canadian Confederation, the former from 1867 to 1977 and the latter since 1977. Surveys have been conducted to construct historical rankings of individuals who have served as prime minister of Canada.
The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of large banks loan money to their most creditworthy corporate clients. [ 1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).
The prime minister of Canada is an official who serves as the primary minister of the Crown, chair of the Cabinet, and thus head of government of Canada. Twenty-three people (twenty-two men and one woman) have served as prime ministers. Officially, the prime minister is appointed by the governor general of Canada, but by constitutional ...
The prime rate is used often as an index in calculating rate changes to adjustable-rate mortgages (ARM) and other variable rate short-term loans. It is used in the calculation of some private student loans. Many credit cards and home equity lines of credit with variable interest rates have their rate specified as the prime rate (index) plus a ...
Canadian public debt, or general government debt, is the liabilities of the government sector. [ 1]: 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future. [ 2]: 207 They consist mainly of Treasury bonds, but also include public service employee pension ...
Liberal Party (1873–1874)[ nb 4] Alexander Mackenzie — 2nd Ministry. 95 of 200 House seats ( minority ) Conservative Party. Sir John A. Macdonald. 3rd Canadian Parliament. Elected 1874. 5 sessions. Feb 21, 1874.
Industrialization came much later. The thesis explains Canadian economic development as a lateral, east–west conception of trade. Innis argued that Canada developed as it did because of the nature of its staple commodities: raw materials, such as fish, fur, lumber, agricultural products and minerals.
The early 2020s were shaped by the COVID-19 pandemic, which significantly affected the global economy. In 2020 and 2021, CD interest rates remained low, between 0.1% and 0.2%. Rates finally began ...