4.45%
Canadian prime rate
as at August 12, 2026
Three-Year Trend
August 23, 2023
August 12, 2026
Recent History
| Effective date |
Prime rate |
| August 12, 2026 |
4.45% |
| August 5, 2026 |
4.45% |
| July 29, 2026 |
4.45% |
| July 22, 2026 |
4.45% |
| July 15, 2026 |
4.45% |
| July 8, 2026 |
4.45% |
| July 1, 2026 |
4.45% |
| June 24, 2026 |
4.45% |
| June 17, 2026 |
4.45% |
| June 10, 2026 |
4.45% |
| June 3, 2026 |
4.45% |
| May 27, 2026 |
4.45% |
| May 20, 2026 |
4.45% |
| May 13, 2026 |
4.45% |
Source: Bank of Canada
(series V80691311), 156 weekly observations. Used under the Bank of Canada
terms of use.
Each financial institution sets its own prime rate; this is the published benchmark series.
