Prime Rate Today 2024 In Canada Per Month. Canada prime rate (i:cpr) 6.45% for wk of sep. Increasing the $1 million price cap for insured mortgages to $1.5 million, effective december 15, 2024, to reflect current housing market realities and help more.

The prime rate, also known as the prime lending rate, is the annual. Moose jaw — as predicted by conexus credit union mortgage specialist janelle bookout, the bank of canada announced a quarter percent reduction.