Laurentian Bank Raises USD Base Rate in Canada
Laurentian Bank of Canada has raised its USD base rate in Canada by 25 basis points, effective September 17, 2026. The new rate is now at 7.50%. This change comes after a review of the bank's monetary policy.
The bank, which was founded in Montreal in 1846, operates primarily in Quebec and Ontario, as well as in the United States. It competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.