Canada Prime Lending Rate

Bank Lending Rate in Canada remained unchanged at 3 percent in June of 2013 from 3 percent in May of 2013. Bank Lending Rate in Canada is reported by the Bank of Canada. Historically, from 1960 until 2013, Canada Prime Lending Rate averaged 7.75 Percent 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. In Canada, the prime lending rate rate is the average rate of interest charged on loans by commercial banks to companies. This page includes a chart with historical data for Canada Prime Lending Rate.