I dont know, in recent history the majors had no problems raising prime a day after the last BOC rate change.
Quote:
8 September 2010
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1 per cent.
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http://www.bankofcanada.ca/2010/09/f...se-2010-09-08/
Scotiabank:
Effective 9 September 2010
TD:
Effective Date SEP 9, 2010
RBC:
Royal Bank Prime 3.000 2010/09/09