Canada Prime Rate

Prime Business Rate

1935 - 2025 | Monthly | % pa | Bank of Canada

Prime Business Rate data was reported at 4.950 % pa in Mar 2025. This records a decrease from the previous number of 5.200 % pa for Feb 2025. Prime Business Rate data is updated monthly, averaging 5.500 % pa from Jan 1935 (Median) to Mar 2025, with 1083 observations. The data reached an all-time high of 22.750 % pa in Aug 1981 and a record low of 2.250 % pa in May 2010. Prime Business Rate data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M003: Prime Rate.

Last Frequency Range
5.200 Feb 2025 monthly Jan 1935 - Feb 2025

View Canada's Prime Business Rate from Jan 1935 to Feb 2025 in the chart:

Canada Prime Business Rate

Prime Business Rate: Weekly

2000 - 2025 | Weekly | % pa | Bank of Canada

Prime Business Rate: Weekly data was reported at 4.950 % pa in 23 Apr 2025. This stayed constant from the previous number of 4.950 % pa for 16 Apr 2025. Prime Business Rate: Weekly data is updated weekly, averaging 3.750 % pa from Jan 2000 (Median) to 23 Apr 2025, with 1321 observations. The data reached an all-time high of 7.500 % pa in 17 Jan 2001 and a record low of 2.250 % pa in 26 May 2010. Prime Business Rate: Weekly data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M003: Prime Rate. [COVID-19-IMPACT]

Last Frequency Range
4.950 19 Mar 2025 weekly 05 Jan 2000 - 19 Mar 2025

View Canada's Prime Business Rate: Weekly from 05 Jan 2000 to 19 Mar 2025 in the chart:

Canada Prime Business Rate: Weekly
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