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Canada Bank Lending Rate

Bank Lending Rate in Canada

Indicator Data Period
Bank Lending Rate 6.7 % May/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 6.7 % in May 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
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
6.7 Jan/23 12.01.2023
5.95 Dec/22 09.12.2022
5.95 Nov/22 10.11.2022
5.45 Oct/22 15.10.2022


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 May/23 5.05 % 5.05
Interest Rate Apr/23 4.5 % 4.5
Loans to Private Sector Mar/23 472.525 B USD 472.868
Money Supply M1 Mar/23 1106.113 B USD 1119.998
Central Bank Balance Sheet Apr/23 281.122 B USD 280.955
Deposit Interest Rate May/23 4.68 % 4.68
Foreign Direct Investment 4Q/22 11.2 B USD 12.116
Private Sector Credit  Sep/20 3719.55 B USD 3703.917

Bank Lending Rate in other countries

Country Updated Actual Previous
Brazil Mar/23 58.26 % 58.3
Chile Jan/23 15.73 % 15.28
Canada May/23 6.7 % 6.7
Peru Apr/23 0.67 % 0.65
United States Apr/23 8 % 7.82