Will Car Interest Rates Go Down In 2025 Canada

Will Car Interest Rates Go Down In 2025 Canada. The bank of canada has lowered interest rates for the second time in as many months, which is good news for canadians looking to buy a new vehicle. The bank of canada announced today that it will cut interest rates by 0.25 per cent, signalling to the market that better economic times are ahead.

Here’s what that means for you. Whether interest rates will go down in canada in 2025 depends on the bank of canada’s ability to control inflation and stabilize the economy.