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Canada Bank Lending Rate

Bank Lending Rate in Canada

Indicator Data Period
Bank Lending Rate 7.2 % Sep/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     Canada - Historical Data (%)

What is Canada Bank Lending Rate?

  • Bank Lending Rate in Canada remained unchanged at 7.2 % in September 2023. The maximum level was 22.75 % and minimum was 2.25 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
7.2 Sep/23 14.09.2023
7.2 Aug/23 10.08.2023
7.2 Jul/23 24.07.2023
6.95 Jun/23 08.06.2023
6.7 May/23 11.05.2023
6.7 Apr/23 14.04.2023
6.7 Mar/23 11.03.2023
6.7 Feb/23 10.02.2023


Historical Chart by prime ministers (%)

Bank Lending Rate in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Justin Trudeau 04.11.2015 - 2.9500 3.4500 3.4500 2.9500 16.95%

Other money indicators in Canada

Index Updated Actual Previous
Interbank Rate Oct/23 5.57 % 5.57
Interest Rate Sep/23 5 % 5
Loans to Private Sector Jul/23 481.631 B USD 481.094
Money Supply M1 Jul/23 1111.114 B USD 1107.342
Central Bank Balance Sheet Aug/23 256.707 B USD 263.168
Deposit Interest Rate Oct/23 5.23 % 5.23
Foreign Direct Investment 2Q/23 8.998 B USD 14.978
Private Sector Credit  Sep/20 3719.55 B USD 3703.917

Bank Lending Rate in other countries

Country Updated Actual Previous
Brazil Aug/23 57.71 % 58.25
Chile Sep/23 14.28 % 14.39
Canada Sep/23 7.2 % 7.2
Peru Sep/23 0.84 % 0.76
United States Sep/23 8.5 % 8.5