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The Bank of Canada Pushes Bank Against Rate-Hike Speculation - Integrated Mortgage Planners
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The Bank of Canada Pushes Bank Against Rate-Hike Speculation - Integrated Mortgage Planners
Last week the Bank of Canada (BoC) left its policy rate unchanged, as expected. In its formal policy statement, the Bank observed that our GDP was “surprisingly strong” in Q3, but it attributed that strength largely to technical factors (which I wrote about here). It forecasted “weak” GDP growth in Q4 followed by a pickup in 2026, while noting that “uncertainty remains high and large swings in trade may continue to cause quarterly volatility”. T…
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