Big Six banks raise prime rates but leave savings rates where they are - GIC Wealth Management

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For Your Information Big Six banks raise prime rates but leave savings rates where they are

Big Six banks raise prime rates but leave savings rates where they are

Canada’s biggest banks didn’t waste any time raising their prime lending rates following the Bank of Canada’s interest rate hike announcement this week. But of course interest rates on savings accounts, bonds, and GICs didn’t budge.

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http://www.lowestrates.ca/news/big-six-banks-raise-prime-rates-leave-savings-rates-where-they-are-24748