Canadian Prime Rate: 3.200 %. US Base Rate: 4.750 %. Mortgages Rates, RRSP, RRIFs, RESPs & TSFA Rates at BMO.
The Canadian dollar fell considerably after 1960, and this contributed to Prime Minister John Diefenbaker’s defeat in the 1963 election. The Canadian dollar returned to a fixed exchange rate regime in 1962 when its value was set at US$0.925, where it remained until 1970. As an inflation-figh...
The Bank Prime Rate is the rate that Canadian banks charge their absolute best customers for loans. Changes in the Bank of Canada prime rate influence changes in other interest rates, including variable interest rate mortgages. The prime rate fluctuates based on economic conditions. Some mortgage ...
Innovative digital banks are at the forefront, introducing hybrid accounts that blend the prime features of chequing accounts with the interest rates typically associated with the best high interest savings accounts. Our top selection for the premier chequing account in Canada hails from EQ Bank, ...
Another prime concern for border officers when screening travelers to Canada is that they may not exit the country and attempt to live there indefinitely. Having documentation with you that shows a current home address in the U.S. such as a valid driver's license can potentially save you ...
In the last quarter, there was a bit of a shift, he said, when it became clear inflation had peaked after months of aggressive interest rate hikes by the U.S. Federal Reserve and the Bank of Canada, which were ahead of other countries with their tightening. Other markets...
Interest rate: CIBC Prime Rate+ 1.00% Payment plan: Pay interest only on the amounts you use while you are in school, and for two years after graduation(or six months if you leave your program before graduating). Eligibility: To be eligible for a student line of credit, you must...
Prime Minister Justin Trudeau says his government’s new budget will help Canadians weather the Bank of Canada’s new interest rate hike, its highest in more than 20 years. Trudeau told reporters on Apr. 13 in the Montreal area that the recent...
CIBC Prime Rate+ 1.00% Payment plan: Pay interest only on the amounts you use while you are in school, and for two years after graduation(or six months if you leave your program before graduating). Eligibility: To be eligible for a student line of credit, you must beenrolled at a...
village of Fort Erie in southern Ontario in the summer of 1866. The fear of annexation by the United States, either North or South, eventually led Canadians to forge the British North America Act, which established the Dominion of Canada. The first Prime Minister was Sir John A. Macdonald....