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Thursday, April 21, 2022

Posthaste: Big banks slash prime rate as Canadians struggle with almost $2 trillion debt mountain

Good Morning!
Chartered banks began slashing their prime rates today in the wake the Bank of Canada’s 50bps cut Wednesday, just as a new report suggests that more Canadians are feeling the strain of consumer debt.
RBC started the ball rolling by announcing … [+4321 chars]Source

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