TD's Burleton says case for Bank of Canada rate hike 'not that compelling'

Why some economists think the Bank of Canada can afford to stay on the sidelines for now

Randall Bartlett, deputy chief economist at Desjardins Group, talks to Financial Post’s Larysa Harapyn about the Bank of Canada’s next move as central banks around the world start to raise interest rates. Bank of Canada to make rate decisions based on domestic economy, not markets or the Fed, says MacklemCanadian dollar falls below 71 cents U.S. as headwinds loom for loonie

TD's Burleton says case for Bank of Canada rate hike 'not that compelling'

TD's deputy chief economist told brokers markets may be overestimating how closely the Bank of Canada will follow the Fed, while the housing market has likely found its bottom, though recovery will take longer than hoped.