Canada Interest Rates Announcement 2024. (august 2024) the boc policy rate increased by 75 basis points (1 basis point is equal to 0.01%) in 2023. Find out when the announcement is and how it affects you.

What’s happening with inflation in canada? The bank of canada cut its benchmark interest rate by 0.25% to 4.75% in its june 5, 2024 announcement.