From Yahoo Finance:

The Bank of Canada is expected to raise its estimate of the neutral interest rate by 25 basis points to a range of 2.25%-3.25%, with a midpoint of 2.75%, in April. This suggests that borrowing costs may not fall as much as in past easing cycles, affecting heavily indebted Canadians. With household debt at over 180% of disposable income and a red-hot housing market, higher borrowing costs could impact the economy. Canada’s federal budget is set to be presented on April 16, with businesses likely facing higher rates for longer. Analysts predict interest rates to potentially settle between 3%-5%, signaling a shift in monetary policy.



Read more at Yahoo Finance: Analysis-Bank of Canada neutral rate seen up in ‘Goldilocks’ shift for borrowing costs