Major Canadian FI’s Give In and Lower their Prime Lending Rates
Alas, today the big Canadian banks are finally seeing fit to lowering their prime lending rates by 0.15% to 2.85% from 3%. This move made after initially indicating, last week, that they would not change their Prime rates when the Bank of Canada (BoC) lowered it’s Key rate by 0.25% on January 21st. The last […]
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