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What is Prime Rate? - DFI30 ExplainerThe Prime rate in Canada is currently %. The Prime rate is the interest rate that banks and lenders use to determine the interest rates for many types of. TD Prime Rate. %. Effective Date. October 24th, TD Prime Rate is the variable annual interest rate published by us from time to time as our TD Prime. Canada Prime Rate is at %, compared to % last week and % last year. This is lower than the long term average of %.
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