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Bank of Canada REDUCES overnight rate, Prime will drop to 6.95% (previously 7.20%).

  • June 5, 2024
  • /
  • Newsworthy

At the fourth announcement of 2024, the Bank of Canada today has finally decided to reduce the overnight rate which means Prime will fall to 6.95%. The next scheduled date for announcing the overnight rate target is July 24, 2024….

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • April 10, 2024
  • /
  • Newsworthy

For the third announcement of 2024 (6th in a row), the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is…

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • March 6, 2024
  • /
  • Newsworthy

For the second announcement of 2024 (5th in a row), the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is…

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • January 24, 2024
  • /
  • Newsworthy

For the first announcement of 2024 (4th in a row), the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is…

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • December 6, 2023
  • /
  • Newsworthy

For the third announcement in a row, the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is January 24, 2024….

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • October 25, 2023
  • /
  • Newsworthy

For the second announcement in a row, the Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is December 6, 2023….

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Bank of Canada maintains overnight rate, Prime will stay at 7.20%.

  • September 6, 2023
  • /
  • Newsworthy

The Bank of Canada has decided to maintain the overnight rate today which means Prime will remain at 7.20%. The next scheduled date for announcing the overnight rate target is October 25, 2023. https://www.bankofcanada.ca/2023/09/fad-press-release-2023-09-06/  

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Bank of Canada increases overnight rate by 0.25%, Prime should rise to 7.20%.

  • July 12, 2023
  • /
  • Newsworthy

The Bank of Canada has decided to raise the overnight rate today by 0.25%. Expect Prime to rise to 7.20% (previously 6.95%). The next scheduled date for announcing the overnight rate target is September 6, 2023.  

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Bank of Canada increases overnight rate by 0.25%, Prime should rise to 6.95%.

  • June 7, 2023
  • /
  • Newsworthy

The Bank of Canada has decided to raise the overnight rate today by 0.25%. Expect Prime to rise to 6.95% (previously 6.70%). The next scheduled date for announcing the overnight rate target is July 12, 2023.  

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Bank of Canada maintains overnight rate, Prime will remain at 6.70%.

  • April 12, 2023
  • /
  • Newsworthy

More relief for variable rate mortgage holders. The Bank of Canada has decided to maintain the overnight rate today. Prime will remain at 6.70%. The next scheduled date for announcing the overnight rate target is June 7, 2023.

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The Bank of Canada today decided to maintain the overnight rate. Prime will stay the same at 4.95%. | mortgagesbycraig.com

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The Bank of Canada today decided to maintain the overnight rate. Prime will stay the same at 4.95%. June 4, 2025 / Newsworthy At the fourth announcement of 2025 and the second in a row the Bank of Can...
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