Current Inflation Rate 2024 Canada 2024. The bank of canada forecasts 0.9% gdp growth and 2% to 3% inflation for canada in 2024. The bank of canada is expected to hold its benchmark interest rate on wednesday, as inflation remains high and consumer spending weakens.
Bank of canada governor tiff macklem says there was a ‘strong consensus’ for cutting the bank’s key policy rate by 25 basis points to 4.25% โ but, he said, if. That means the purchasing power of.