Bank of Canada likely to raise prime rate Tuesday

According to a poll last week by Reuters, the Bank of Canada is likely to raise its overnight interest rate Tuesday by 0.25%. This will bring the Canada prime rate up to 0.75%.

Check back here tomorrow morning to get the latest interest rate increase news.

Now might be a good time to investigate how you could save on your mortgage. Click here to find out how my family is saving more than we thought possible.

Tags: canada prime rate today, interest rates, bank of Canada announcement, Canada Prime Rate Updates, prime rate canada, Bank of Canada interest rate announcement June 2010, canadian prime rate