Canada deposit interest rate


Canada deposit interest rate closed down 4.91 as of April 10, 2024 from 4.91 from the previous day, 4.98 last week and 4.96 last month.

Canada deposit interest rate Analytics & Data





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Canada deposit interest rate Historical Data

DateClose
2024-04-10 4.91
2024-04-09 4.91
2024-04-08 4.69
2024-04-05 4.92
2024-04-04 4.92
2024-04-03 4.98
2024-04-02 4.91
2024-04-01 4.92
2024-03-29 4.9
2024-03-28 4.91
2024-03-27 4.86
2024-03-26 4.99
2024-03-25 4.72
2024-03-22 4.97
2024-03-21 4.97
2024-03-20 4.91
2024-03-19 4.92
2024-03-18 4.73
2024-03-15 4.95
2024-03-14 4.95
2024-03-13 4.96
2024-03-12 5.02
2024-03-11 4.99
2024-03-08 4.99
2024-03-07 4.99
2024-03-06 4.98
2024-03-05 4.95
2024-03-04 4.99
2024-03-01 4.96
2024-02-29 4.96
2024-02-28 4.98
2024-02-27 5.02
2024-02-26 5.01
2024-02-23 5.04
2024-02-22 5.04
2024-02-21 4.99
2024-02-20 4.99
2024-02-19 4.76
2024-02-16 5.04
2024-02-15 5.04
2024-02-14 5.05
2024-02-13 5.05
2024-02-12 5.05
2024-02-09 5.05
2024-02-08 5.05
2024-02-07 5.07
2024-02-06 5.04
2024-02-05 5.05
2024-02-02 5.06
2024-02-01 5.06
2024-01-31 5.09
2024-01-30 5.04
2024-01-29 4.775
2024-01-26 5.03
2024-01-25 5.03
2024-01-24 5.01
2024-01-23 5.05
2024-01-22 5.05
2024-01-19 5.05
2024-01-18 5.05

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Canada deposit interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Canada deposit interest rateca.depositrate0000

Canada deposit interest rate Factors

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Canada deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Canada deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada deposit interest rate

The Canada deposit interest rate refers to the interest rate that Canadian financial institutions offer on deposits made by customers. This rate is set by the Bank of Canada and influences the rates that banks and credit unions offer to their customers on savings accounts, GICs, and other types of deposits. The deposit interest rate is determined based on a variety of factors, including the current economic conditions, inflation rates, and the Bank of Canada's monetary policy. A higher deposit interest rate means that customers can earn more money on their savings, while a lower rate means that their savings will grow at a slower pace. It is important for consumers to compare the deposit interest rates offered by different financial institutions to ensure they are getting the best return on their savings.