RBC and TD Bank cut prime rate to 4.45% following Bank of Canada's lead

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RBC and TD Bank cut prime rate to 4.45% following Bank of Canada's lead

financialpost.com/fp-finance/banking/rbc-cuts-prime-rate-following-bank-of-canada

Royal Bank of Canada

and

TD Canada Trust

followed the lead of the Bank of Canada Wednesday and cut their prime rates by 25 basis points.
Effective Oct. 30, the prime rate will drop from 4.70 per cent to 4.45 per cent.
The

…

This story appeared on financialpost.com, 2025-10-29 18:21:10.