Canada Prime Lending Rate

Bank Lending Rate in Canada remained unchanged at 3 percent in April of 2014 from 3 percent in March of 2014. Bank Lending Rate in Canada is reported by the Bank of Canada. Bank Lending Rate in Canada averaged 7.68 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. In Canada, the prime lending rate 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.00 3.00 22.75 2.25 3.00 | 2014/05 1960 - 2014 Percent Monthly

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Canada Prime Lending Rate
LIST BY COUNTRY

Consumer Last Previous Highest Lowest Forecast Unit
Bank Lending Rate 3.00 2014-04-30 3.00 22.75 2.25 3.00 2014-05-31 Percent [+]
Consumer Spending 954859.00 2013-11-15 947646.00 954859.00 162251.00 959508.41 2014-03-31 CAD Million [+]
Disposable Personal Income 1090364.00 2013-11-15 1078704.00 1090364.00 26768.00 1098694.50 2014-03-31 CAD Million [+]
Personal Savings 54700.00 2013-11-15 52888.00 69512.00 1200.00 55142.79 2014-03-31 CAD Million [+]
Retail Sales YoY 3.70 2014-02-28 3.70 10.50 -6.50 4.24 2014-03-31 Percent [+]
Retail Sales MoM 0.50 2014-02-28 0.90 3.70 -4.50 0.28 2014-03-31 Percent [+]
Consumer Confidence 84.40 2013-12-31 81.20 93.40 60.00 77.68 2014-03-31 [+]
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Bank Lending Rate | Notes
Bank lending rate, also called prime rate, refers to a reference interest rate used by banks to lend money to companies or individuals.


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