The Loonie Hour Podcast

Canadian Households Need to Adjust to Higher Mortgage Rate – w/ guest Doug Porter

May 31st, 2024

We are joined by BMO’s chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don’t expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada, but not the United States. Weak investment in Canada to continue with capital gain increases.

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