We've never seen a market like this before.
All in Forecast
We've never seen a market like this before.
The BoC is more concerned with averting a recession than controlling inflation.
A U.S. Recession Could Pull Down Canada
The Bank of Canada reduced its target overnight rate by ¼ percent to 4½ percent
The great wealth transfer is at risk.
Mortgage rates high, housing market cooling
Rates are now expected to remain higher for longer.
Cutting rates too soon could reignite the housing market, undermining progress on inflation.