Welcome to the May issue of the News & Rate Advisor.
| Variable Rate | | 2.30% |
| 1 Year | | 2.29% |
| 3 Year | | 2.44% |
| 5 Year | | 2.69% |
| Prime Rate | | 2.70% |
| Bank Rate | 0.75% | 0.75% | 1.00% |
| Prime Rate | 2.70% | 2.70% | 2.85% |
Source: Bank of Canada
| Residential | $4,583,975,000 | $4,425,639,000 | $4,418,463,000 |
| Commercial | $2,417,659,000 | $2,486,166,000 | $2,448,640,000 |
| Total | $7,001,634,000 | $6,911,805,000 | $6,867,103,000 |
Source: Stats Canada - preliminary figures
| National | $548,517 | $508,567 | $439,144 |
| Yukon | $352,774 | $322,267 | $307,800 |
| Northwest Territories | $394,677 | $406,620 | $377,244 |
| British Columbia | $690,597 | $771,620 | $641,799 |
| Alberta | $404,804 | $392,145 | $398,856 |
| Saskatchewan | $294,787 | $297,823 | $292,847 |
| Manitoba | $289,503 | $277,202 | $272,344 |
| Ontario | $672,584 | $521,178 | $466,404 |
| Quebec | $288,691 | $274,616 | $270,245 |
| New Brunswick | $162,099 | $154,371 | $150,807 |
| Prince Edward Island | $187,977 | $194,094 | $165,693 |
| Nova Scotia | $222,411 | $223,520 | $226,613 |
| Newfoundland | $251,555 | $258,563 | $273,645 |
Source: CREA - Most Recent Month Reported
| Yellowknife | $394,677 | $406,620 | $377,244 |
| Vancouver | $991,690 | $1,093,267 | $891,652 |
| Victoria | $640,802 | $575,858 | $508,807 |
| Edmonton | $371,680 | $379,524 | $373,005 |
| Calgary | $472,491 | $455,220 | $457,422 |
| Saskatoon | $343,112 | $336,425 | $337,982 |
| Regina | $316,341 | $307,609 | $300,148 |
| Toronto | $916,567 | $688,181 | $613,933 |
| Hamilton-Burlington | $607,846 | $486,008 | $443,706 |
| Ottawa-Carleton | $388,400 | $368,798 | $362,918 |
| Quebec City | $256,929 | $259,851 | $262,214 |
| Montreal | $359,708 | $336,138 | $331,216 |
| Fredericton | $182,850 | $177,441 | $175,632 |
| Saint John | $166,430 | $154,700 | $301,769 |
| Halifax-Dartmouth | $294,246 | $281,822 | $277,377 |
| Winnipeg | $298,329 | $287,692 | $281,269 |
Source: CREA - Most Recent Month Reported
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