Bank Of Canada Rate Announcement January 2024. The next interest rate announcement is december 11, 2024. The bank of canada held interest rates on january 24, keeping its key policy rate at 5%.
The current bank of canada interest rate sits at 5.00%, with a 0.25% rate hike announced on july 12, 2023. The bank of canada held interest rates on january 24, keeping its key policy rate at 5%.