Canada Prime Rate Predictions 2024
Canada Prime Rate Predictions 2024. Check our interactive graph to find out about prime rates in canada from 1935 to october 2024 and our prediction for its future moves. Canada prime rate forecast for december 2024.
This might not seem like big news, but this is what lenders, from the big five. The prime rate is determined by the banks themselves, and it is typically set at a level that is 1.5 to 2.5 percentage points above the overnight lending target rate set by the bank of canada.