Resources:

CBC Indepth: Interest Rates - A Primer
Does the Bank of Canada set all interest rates? No. The Bank of Canada sets ... the chartered banks that it wants them to change their prime lending rates. ...

Prime rate - Wikipedia, the free encyclopedia
Prime rate is a term applied in many countries to a reference interest rate ... prime rate is currently 5.75% according to data published by Bank of Canada ...

Real Estate Blog - Bank of Canada lowers overnight rate target by ...
OTTAWA - The Bank of Canada today announced that it is lowering its target for ... At its next interest rate decision in January, the Bank will assess all ...

TD Canada Trust Home Mortgage Rates, mortgage rate calculator
Our Variable Interest Rate Mortgages require a minimum of 5% down. ... 2 Rate is TD Mortgage Prime -0.50%. TD Mortgage Prime as of January 1st, ...

National Bank Decreases its Prime Rate
22, 2008) - National Bank of Canada (TSX:NA) will decrease its prime rate from 6.00% to 5.75%, effective January 23, 2008. About National Bank of Canada ...

American Express - Canada - Prime Rate
"Amex Bank Prime Rate" means the variable annual interest rate prescribed by Amex Bank of Canada from time to time at its sole discretion as a reference ...

Mortgage Interest Rate Update after Bank of Canada Prime Rate Drop ...
Mortgage Interest Rate Update after Bank of Canada Prime Rate Drop of .25% - MarkArgentino - Zimbio.

News:

 Canada's new Money manToronto Star,  Canada -Feb 2, 2008... the bank's prime focus on using interest rates to hold down consumer prices. "The best thing the Bank of Canada can do is manage the inflation rate and ...
 BCLocalNewsHousing affordability deterioratesBCLocalNews, Canada -23 hours agoIn 1981 the real estate bubble did indeed burst, with interest rates reaching as high as 21 per cent later in the year. “We are not experiencing anything ...
 Carney May Resist Fed-Like Rate Cuts to Curb Canada's InflationBloomberg -Jan 31, 2008Carney's predecessor, David Dodge, 64, who recruited him to the bank and retired yesterday, adjusted interest rates slowly, with no moves greater than a ...
 THREE STATS YOU JUST CAN'T BE WITHOUT ON A SATURDAY: THE WEEK IN ...Globe and Mail, Canada -Feb 2, 2008The paper finds that a percentage-point rise in short-term interest rates in the United States leads to a percentage-point drop in Canada's output over nine ...
 Variable-rate mortgages shine as prime fallsGlobe and Mail, Canada -Jan 31, 2008The Fed pared half a percentage point off its benchmark interest rate yesterday, an echo of a larger cut made last week. The Bank of Canada has been ...