Interest Rates 2024 Predictions Canada. If canada matches, we would be in the high 5s low 6s for prime rate by the end of the year. The forecasts for the remainder of 2024 show a clear trend:
The most optimistic estimate is a drop of 1.5. With the bank of canada’s next announcement set for march 6, 2024, keeping a close eye on these rates is more crucial than ever.