The banks said they would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter point to 2.75 per ...
The Bank of Canada is once again dropping its overnight rate to keep up with the economic instability amid a trade war.
BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...
Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday ...
OTTAWA — New Prime Minister Mark Carney suggested on Friday that he would get rid of the much-maligned consumer carbon tax on ...
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...