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Dawn Desjardins, chief economist at Deloitte Canada, talks about Canada's economic outlook for the second half and the Bank of Canada. Term Length. 4 Years � Interest Rate. %. As of November 7, � Minimum Deposit. $1, $5, for a monthly interest payment option. � Bonus Offer. N/A. The current Bank of Montreal prime rate is %. This is the same prime rate that's posted by most major financial institutions in Canada.

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Meanwhile, 2-year Canadas are averaging 3. CPI remains unchanged, with an increase of 0. However, it is no longer as clear-cut; in fact, there is a strong case for the ECB to lower rates again on October This document represents the analysis of the analyst but there is no assurance that any assumption or estimation will materialize. The last Media Release stated that the " data and the evolving assessment of risks " will determine whether further tightening is needed.