rates
INCHING CLOSER TO TARGET
9.0%
8.0%
7.0%
6.0%
4.84% 5.00%
5.0%
4.0%
3.43% 2.86%
3.0%
2.0%
1.0%
0%
-1.0%
2019
2020
2021
2022
2023
2024
BOC POLICY INTEREST RATE
YR GOC BOND YIELD
AVG DISCOUNTED YR FIXED MORTGAGE RATE
ANNUAL CONSUMER PRICE INFLATION
SOURCE: STATISTICS CANADA, RATEHUB DATA: SELECTED INTEREST RATES AND CANADA’S ANNUAL RATE OF CPI CHANGE
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