The Board of Governors of the Federal Reserve System then approves the discount rate, which looks awfully similar in each region. The primary rate of 3% is accompanied by a secondary rate of 3.5%.

Discount rates are an integral part of calculating an intrinsic value for equities. As Warren Buffett (Trades, Portfolio) once said, when valuing businesses, What matters is the discounted value ...

With the Fair Pass Discount program, single rides will cost $2 instead of the regular PRESTO card fare of $3 and monthly TTC passes can be bought for $115.50.

TORONTO – Ontario’s Minister of Energy, Todd Smith, has asked the Ontario Energy Board (OEB) to explore options for an Electric Vehicle Charger Discount Electricity Rate as the province continues to ...

Another major Canadian bank is raising its borrowing rates, citing market conditions for the increase. Royal Bank of Canada said it is raising its rates for amortizations 25 years or under, effective ...

The discount was baked into rates back in 2012 when the utility and review board approved a seven-year "load retention tariff" for Port Hawkesbury Paper.

Less than a month after the Bank of Canada's surprise interest-rate cut, a renewed mortgage-rate war is in full swing. But, this time, it's being driven by an unlikely source: smaller lenders.