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Tax changes that could come this Federal budget: Talking Tax with BMO's John Waters23, /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from per cent to per cent. BMO's prime rate was lowered to % on October 24, , following the Bank of Canada rate announcement. BMO's prime rate is the basis for its variable-rate. Canada's prime rate as of today is currently at %, influenced by the Bank of Canada's policy interest rate, also known as the target for the overnight rate.
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