Bank Of Canada Waited Too Long, Expect MUCH Higher Interest Rates: Scotiabank
One of Canada’s largest banks just made the most aggressive interest rate forecast yet. Scotiabank now sees the Bank of Canada (BoC) overnight rate hitting 3.0% by next year. The bank acknowledges...
“Year of the condo”: Waning pandemic could see migration back to big cities
The gradual recession of the COVID-19 pandemic could see demand for condos in Canada’s big cities hold strong in 2022, real estate experts say, even as rising interest rates may have an overall dampening effect on...
The Bank Of Canada Is Unlikely To Hike Rates Until March, Despite Soaring Yields: BMO
Canadian bond yields are soaring, but the central bank isn’t expected to raise rates. At least not yet, according to an analysis from BMO Capital Markets.
