Will the interest rate go up in 2020 in canada
4 Oct 2018 “The Bank of Canada was holding back the rate until there was an agreement. Now, we'll get increases based on the way the economy has been Canada's central bank lowered the benchmark interest rate by 0.5% on March 4, 2020. They subsequently lowered the rate by another 0.5% on March 13, 2020. rate, but keep in mind at some point the benchmark rate will likely rise again, Canada has lowered its interest rates by 0.5 percentage points, from 1.75% to an annual It also revitalizes the economy and helps to increase exports. You can see interest rates in other countries in interest rates and see all the economic