Canada Bank Lending RateCanada Bank Lending RateCanada Bank Lending Rate

Canada Bank Lending Rate

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Key data points


Last release
—
Observation period
Sep 2026
Next release
—
Forecast
—
Highest
22.75 %on Aug 31, 1981
Lowest
2.25 %on Oct 31, 2009

Indicator info


Category
Consumer
Frequency
Monthly
Units
%
In Canada, the prime lending rate is the average rate of interest charged on loans by commercial banks to the most credit-worthy borrowers.