Canada Prime Lending Rate
Bank Lending Rate in Canada remained unchanged at 3 percent in July of 2014 from 3 percent in June of 2014. Bank Lending Rate in Canada averaged 7.66 Percent from 1960 until 2014, reaching an all time high of 22.75 Percent in August of 1981 and a record low of 2.25 Percent in April of 2009. Bank Lending Rate in Canada is reported by the Bank of Canada.
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In Canada, the prime lending rate is the average rate of interest charged on loans by commercial banks to companies. This page provides - Canada Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.