Interest Rates 2024 Canada News. The strengthened canadian mortgage charter, announced in budget 2024, sets out the expectations of financial institutions to ensure canadians in mortgage. The bank of canada held its benchmark interest rate at 5.0 per cent on wednesday as governor tiff macklem said it was 'too early' to cut rates.
Read about the path of interest rates over the coming years and use wowa’s mortgage rate forecast to minimize your. Canadian overnight repo rate average.