Canada Interest Rate - Forecast

Interest Rate in Canada is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Canada to stand at 2.00 in 12 months time. In the long-term, the Canada Interest Rate is projected to trend around 2.25 percent in 2020, according to our econometric models.


Forecast Data Chart
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Canada Money Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 1.5 1.5 1.75 1.75 2 2.25
Interbank Rate 1.97 1.69 1.89 2.2 1.7 3
Money Supply M0 90890 91949 92997 94041 95082 105331
Money Supply M1 981699 994380 1008383 1022360 1036294 1173368
Money Supply M2 1607547 1614732 1626950 1639070 1650931 1757359
Money Supply M3 2329151 2336216 2346603 2356865 2366917 2457070
Banks Balance Sheet 5676343 5615188 5611379 5613606 5610753 5611341
Central Bank Balance Sheet 111556 111326 112000 111372 111373 127000
Foreign Exchange Reserves 81817 81988 81927 81932 81932 81932
Loans to Private Sector 401763 417094 370000 436470 445654 383000
Deposit Interest Rate 0.1 0.34 0.3 0.5 0.58 1.5
Foreign Stock Investment 11545 11292 10559 10617 10596 10600
Private Debt to GDP 267 265 265 260 260 255