Interest Rates 2024 Canada Forecast. The bank of canada lowered its policy overnight rate from 4.50% to. Canada’s unemployment rate has risen from a trough of 5% at the beginning of 2023 to 6.4% in july 2024 and is likely.
Signs of economic slowdown, with fixed. In the next few years as those who took out mortgages with lower interest rates in 2020 and 2021 come up for.