4.70%
Canadian prime rate
as at November 4, 2026
Three-Year Trend
November 8, 2023
November 4, 2026
Recent History
| Effective date |
Prime rate |
| November 4, 2026 |
4.70% |
| October 28, 2026 |
4.45% |
| October 21, 2026 |
4.45% |
| October 14, 2026 |
4.45% |
| October 7, 2026 |
4.45% |
| September 30, 2026 |
4.45% |
| September 23, 2026 |
4.45% |
| September 16, 2026 |
4.45% |
| September 9, 2026 |
4.45% |
| September 2, 2026 |
4.45% |
| August 26, 2026 |
4.45% |
| August 19, 2026 |
4.45% |
| August 12, 2026 |
4.45% |
| August 5, 2026 |
4.45% |
Source: Bank of Canada
(series V80691311), 157 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.
