2024 Inflation Rate Forecast Canada. But the size of that cut is still uncertain, with lots more data to come on inflation and the economy before the bank of canada's next rate decision on dec. The federal government’s changes to the capital gains inclusion rate have also boosted revenue projections for personal and corporate income tax.

The latest rate cut was in september, when the central bank sliced its lending rate by 25 basis points, bringing it down to 4.25% from 4.50%. Since then, the rate cut odds have been pared back to about.