RBC Royal Bank is decreasing its prime rate by 25 basis points from 5.20 per cent per cent to 4.95 per cent per cent, effective March 13, 2025.

RBC’s prime rate was lowered to 4.95% on March 13, 2025. RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank ...

The banks said they would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter point to 2.75 per ...

Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...

Your rate of return is directly tied to any increases or decreases with the Royal Bank Prime rate. RBC Equity-Linked GICs: May enjoy higher returns than the other GICs and you can choose between a ...

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ...

Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from ...

The policy rate now stands at 2.75% after the central bank’s seventh consecutive rate cut. Later in the day, the country’s ...

“This is likely just the beginning with tariffs on Europe and universal ones to follow suit over the coming weeks,” Andrzej Skiba, head of U.S. fixed income at RBC ... rate tied to the prime ...