Rate Cuts 2024 Canada. Here's what it means for borrowers. See what it is—and what it means for you.

The bank of canada is widely expected to deliver a third consecutive interest rate cut on wednesday as inflationary forces continue to cool on both sides of the. The bank of canada today reduced its target for the overnight rate to 4¼%, with the bank rate at 4½% and the deposit rate at 4¼%.