N Events Decebank Of Canada Interest Rate Projections 2024. The bank of canada will release its interest rate decision and monetary policy report on wednesday. (updated december 2024) the mortgage rate forecast for canada is for rate decreases to continue this year.

It does this by adjusting the target for the overnight rate on eight fixed dates each year. The bank of canada is poised to cut its key policy rate by another 50 basis points on wednesday as weak unemployment numbers and poor growth underscore an economy that needs support,.