Borrowing and saving
Rates
Prime, inflation, mortgage, HELOC and GIC rates for Canada — checked once a day and cached on your device so the page loads instantly.
Showing bundled last-known figures — these are defaults, not live values. A live refresh is being attempted.
Macro Indicators
Bank of Canada prime lending rate and the latest Statistics Canada consumer price index.
Bank of Canada Prime Rate
4.45%
Posted prime lending rate
Rate of Inflation (CPI)
2.8%
Year over year · August 2026
Mortgage Rates
Lowest insured market averages for fixed and variable terms.
| Term | Fixed | Variable |
|---|---|---|
| 1-Year | 5.49% | 4.54% |
| 3-Year | 3.89% | 3.99% |
| 5-Year | 3.94% | 3.35% |
Home Equity Line of Credit (HELOC)
Typical variable HELOC pricing, quoted as prime plus a lender spread.
Average HELOC Rate
4.95%
Prime + 0.50%
GIC Rates
Based on a $10,000 deposit principal, non-redeemable terms.
1-Month GIC Term
2.25%
On $10,000 → $10,019
1-Year GIC Term
3.70%
On $10,000 → $10,370
3-Year GIC Term
3.92%
On $10,000 → $11,223
Sources: bankofcanada.ca · statcan.gc.ca · wowa.ca / ratehub.ca — estimates for planning only, not an offer of credit.