The Big Six banks introduce significantly lower interest rates for some debt classes
Move is the third time this month that Canada's largest banks have slashed their rates
Canada's big six banks report higher volumes of mortgage-related calls since relief plan was introduced
Seven out of 11 major metropolitan markets recorded increases
No specific proposal related to mortgages was included in the package
Move follows BoC’s surprise interest rate cut announcement last week
Central bank cites coronavirus disruptions and falling oil prices
Canada’s biggest face a margin squeeze – but there may be some offsets
Speculation is growing that the Bank of Canada will cut interest rates this week
The implications of the long-awaited change are somewhat unclear, and some industry insiders say it doesn’t go far enough to fix the problem
