Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...

We break down what you should know about HISAs and give you our picks for the most competitive interest rates in Canada. High-interest savings account (HISA) HISA rate EQ Bank Personal Account* Up ...

Interest rates in Canada have declined gradually since the 1980s. Chart 1 plots the interest rate that the Government of Canada pays to borrow for a period of 10 years. This rate hovered around 10 per ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

The BoC’s mega-cuts in October and December didn't change the game for home buyers. Today’s 25-basis point reduction probably won’t either.

Average Credit Card Interest Rate in Canada The average purchase interest ... you can use this handy Credit Card Interest Calculator. After the interest-free grace period, if you haven’t paid ...