The prime interest rate is set by the Bank of Canada at 4.45%.
The qualifying interest rate is at 5.25% or your contract interest rate plus 2%, whichever is higher.
The next scheduled ‘policy interest rate’ update by the Bank of Canada is on April 29th.
Disclaimer: Each lender can set their own prime rate, and lenders can set their own rules about the interest rate they use to qualify you for a mortgage with them.