Deposit Interest Rate in Canada remained unchanged at 4.91 percent on Wednesday April 10. Deposit Interest Rate in Canada averaged 5.63 percent from 1975 until 2024, reaching an all time high of 22.06 percent in August of 1981 and a record low of -0.10 percent in October of 2020. source: Bank of Canada
Deposit Interest Rate in Canada is expected to be 4.91 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Canada is projected to trend around 4.66 percent in 2027, according to our econometric models.