Posts tagged "canada prime rate"

Bank of Canada Prime Rate Announcement April 2011

The Bank of Canada has announced that there will be no change in the key overnight interest rate. It will remain at 1.00%

We’ve redone our Canadian mortgage calculator, click here to giveĀ  it a try. Thanks.

This prime rate announcement was anticipated by most major analysts. The next Canada prime rate announcement will be May 31.

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Posted by Prime Rate Guy - April 12, 2011 at 9:05 am

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Next Bank of Canada Prime Rate Update April 12

The Bank of Canada will provide the next interest rate update on Tuesday April 12 at 9:00 AM. Please check back here after that to get the latest rate. Most analysts expect the prime rate to stay the same at 1.00%

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Posted by Prime Rate Guy - April 6, 2011 at 8:45 pm

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Bank of Canada Interest Rate Announcement Schedule

If you are following the Bank of Canada prime rate announcements, here is a schedule for the rest of the year. I missed the announcement on March 1, but it remains unchanged at 1.00%

12 April
31 May
19 July
7 September
25 October
6 December

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

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Posted by Prime Rate Guy - March 22, 2011 at 9:07 am

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Bank of Canada Interest Rate Announcement January 18

The Bank of Canada announced a few minutes ago that there will be no change to the key overnight lending rate.

The interest rate will remain at 1.00%, unchanged since September. This was anticipated by almost all analysts. Acording to the Bank, ” The recovery in Canada is proceeding broadly as anticipated, with a period of more modest growth and the beginning of the expected rebalancing of demand”. Mortgage rates are not expected to change as a result of today’s announcement. As always, check out the great rates available on the right side of the page if you’re looking for a mortgage or to re-finance an existing mortgage.

Tags: Canada Prime Rate Updates, bank of canada, canada prime rate, Bank of Canada Prime Rate today, Bank of Canada

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Posted by Prime Rate Guy - January 18, 2011 at 9:23 am

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Bank of Canada Interest Rate Announcement Tomorrow

The Bank of Canada will make an interest rate announcement tomorrow, Tuesday January 18 at 9:00 AM. Please check back at that time for the latest Canada prime rate numbers.

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Posted by Prime Rate Guy - January 17, 2011 at 9:33 pm

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Bank of Canada Interest Rate Announcement December 2010

As expected, the Bank of Canada has announced that they will be holding the key overnight lending rate at 1.00%

The rate is expected to remain at this level for some time due to worse than expected economic conditions.

The Bank of Canada said the economic recovery slowdown is due to disappointing productivity gains and the strong loonie, which makes Canadian goods more expensive in foreign markets.

“This underlines a previously identified risk that a combination of disappointing productivity performance and persistent strength in the Canadian dollar could dampen the expected recovery of net exports,” the central bank said in a release.
Read more: http://www.cbc.ca/canada/montreal/story/2010/12/07/money-boc-rates.html#ixzz17RMNOgDS

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Posted by Prime Rate Guy - December 7, 2010 at 10:32 am

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