Bank of Canada Rate definition

Bank of Canada Rate means the interest rate established by the Bank of Canada in effect on the date of the enactment of this by-law, as adjusted in accordance with this by-law;
Bank of Canada Rate means the exchange rate for the applicable currency published by the Bank of Canada on the relevant date.
Bank of Canada Rate. The “Bank Rate” as set by the Bank of Canada, as quoted on the applicable Bloomberg screen page, or, if no such rate is so published, the Bank Rate shall be the “Bank Rate” set by the Bank of Canada as determined by the Canadian Agent.

Examples of Bank of Canada Rate in a sentence

  • Interest shall be calculated daily, at a rate equal to one per cent (1%) above the Bank of Canada Rate effective on the last day of the previous month (as published by the Bank of Canada).


More Definitions of Bank of Canada Rate

Bank of Canada Rate means the floating annual rate of interest published from day to day in the GLOBE and MAIL Report on Business in its “Money Rates” column as the “Bank of Canada Overnight Rate”. Should such publication not continue to publish the Bank of Canada Overnight Rate or a substitute rate, then Stewardship Ontario will select a comparable announced rate.
Bank of Canada Rate means the per annum rate of interest quoted from time to time by the Bank of Canada as the minimum per annum rate of interest charged by the Bank of Canada for short term advances made by the Bank of Canada to members of the Canadian Payments Association.
Bank of Canada Rate means the “Noon Day Rate” as set by the Bank of Canada, as quoted on Reuters Page BOFC.
Bank of Canada Rate means, at any date, the annual rate of interest at which the Bank of Canada is prepared to make advances, as effective on such date, and as made public in accordance with Section 21 of the Bank of Canada Act (Canada).
Bank of Canada Rate means, on any date of determination, the rate of interest charged by the Bank of Canada on one-day Canadian Dollar loans to financial institutions, for such date.
Bank of Canada Rate the Bank of Canada's rate for 30-day funds as ------------------- established on Tuesday of each week, plus .25%. "Bankruptcy and Insolvency Act (Canada)": the Bankruptcy and --------------------------------------- Insolvency Act (Canada), as amended from time to time.
Bank of Canada Rate the overnight rate established by the Canadian Swingline Lender based on its customary practice.