The Bank of Canada dropped its overnight lending rate by 0.25% on September 17, 2025, lowering its target rate from 2.75% to 2.50%. This latest rate drop breaks the BoC's recent streak of three ...
Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...