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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 1.5 1.75 1.75 2 2 2.25
Interbank Rate 2.15 2.12 2.12 2.37 2.37 2.62
Money Supply M0 92954 94347 95525 96696 97865 108237
Money Supply M1 987004 1005275 1018814 1032309 1045761 1164887
Money Supply M2 1622646 1645959 1663326 1680447 1697358 1840395
Money Supply M3 2352721 2372606 2389430 2406062 2422459 2560231
Banks Balance Sheet 5652859 5673343 5660865 5664968 5659122 5660942
Central Bank Balance Sheet 114911 112000 115350 115395 115356 127000
Foreign Exchange Reserves 80683 80721 80729 80728 80728 80728
Loans to Private Sector 409985 370000 432552 441322 449816 383000
Deposit Interest Rate 0.1 0.1 0.1 0.35 0.35 0.6
Foreign Stock Investment 2817 11167 10438 10447 10435 10438
Private Debt to GDP 267 265 260 260 260 255