Canadians felt the pinch a bit tighter in December as inflation ticked up to 3.4%
All in Rates
Canadians felt the pinch a bit tighter in December as inflation ticked up to 3.4%
A slower economy and inflation give the Bank of Canada pause.
The Bank of Canada is anticipated to either raise rates or keep them on hold in their announcement December 6th.
Expresses Concerns About Inflation and Global Uncertainty
Rates are not expected to drop any time soon.
Uncontrolled inflation make higher mortgage rates more likely
Bank of Canada September 6th Announcement
Canadian housing policy inadvertently subsidises corporate investment in residential real estate. This needs to stop.