Mr. Alexandre Guay reports

NATIONAL BANK OF CANADA DECREASES ITS PRIME RATE

National Bank of Canada has decreased in its prime rate by 50 basis points to 5.45 per cent, effective Dec. 12, 2024.

About National Bank of Canada

With $462-billion in assets as at Oct. 31, 2024, National Bank is one of Canada's six systemically important banks. The bank has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada: personal and commercial banking, wealth management, and financial markets. A fourth segment, U.S. specialty finance and international, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange.