Interest Rates In 2024 Canada Toronto . See changes in the target. โ td expects the bank of canada to lower its key interest rate to 4.25 per cent by the end of the year.
The bank of canada cut its key interest rate by 25bps to 4.5% in its july 2024 meeting, as expected by a portion of the market, extending the central bankโs. You can either get a fixed rate or variable rate.
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