The draws are set at interest only payments based on prime lending rate plus 1 % typically. (mybcmortgage.ca)
They also stated they don't go by interest from prime lending rate last also don't and won't ever provide amortization on any loans don't know how. (hsh.com)
This could mean a 0.25 % to 0.50 % drop for a new consumer prime lending rate of 2.5 % to 2.75 %. (moneysense.ca)