Interest Rates 2024 Canada Time. All interest rate announcements will take place at 10:00 (et), and the monetary policy report will be published concurrently with the january, april, july and october rate. Read about the path of interest rates over the coming years and use wowa’s mortgage rate forecast to minimize your mortgage interest payment.

The bank of canada has cut its policy interest rate for a third consecutive time. Many canadians are hoping to get an early holiday gift this year of another bank of canada (boc) rate cut.