Canadian Interest Rate Predictions 2025. If the rate gap between the bank of canada and fed also narrows in coming weeks the loonie could rise to 71.42 cents u.s. (updated january 2025) the mortgage rate forecast for canada is for rate decreases to continue into the new year.
Some experts have pegged a boc resting rate of 2.0% in 2025 to spark our economy in light of trade. This morning, the bank of canada lowered the overnight interest rate.