Rate Cuts 2024 Canada Ontario. The bank of canada marked a major turning point in its fight against inflation on wednesday as it lowered its key interest rate for the first time in more than four. The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report.
Toronto’s rate went up 9.5 per cent, edmonton approved an 8.9 per cent. The bank of canada marked a major turning point in its fight against inflation on wednesday as it lowered its key interest rate for the first time in more than four.