Royal Bank raises prime rate to 3.7 per cent following Bank of Canada rate hike – News1130

Royal Bank raises prime rate to 3.7 per cent following Bank of Canada rate hike News1130 TORONTO – The Royal Bank has raised its prime lending rate after the Bank of Canada increased its overnight lending rate to financial institutions. RBC says it will increase its prime rate by a quarter of a percentage point to 3.70 per cent, effective … and more »