Did Prime go up?
Did my Variable rate mortgage rate change?
No, not unless your variable rate mortgage is with TD.
So the Bank of Canada did not raise rates?
No, in fact they are more likely to lower rates than increase them.
But TD raised rates?
Yes, but only by 0.15% and only for variable rate mortgage holders.
If you are a TDCT client in a variable rate mortgage at TD then read on…