Bank of Canada maintains overnight rate target at 1 per cent

Link:
Bank of Canada > Press > Press Releases > Bank of Canada maintains overnight rate target at 1 per cent

The most recent changes to the Bank of Canada prime rate (aka the overnight rate) was in the summer of 2010, when they gradually increased a total of 0.75% over a 3 month period:
- June 1, 2010: increased from 0.25% to 0.50% (0.25% increase)
- July 20, 2010: increased from 0.50% to 0.75% (0.25% increase)
- September 8, 2010: increased from 0.75% to 1.0% (0.25% increase, remains unchanged to today)