The market believes there is a 50% chance the Bank of Canada will decrease the overnight rate this week. This will send our weak Canadian Dollar even lower, and might not be in Canadians’ best interest.
The market believes there is a 50% chance the Bank of Canada will decrease the overnight rate this week. This will send our weak Canadian Dollar even lower, and might not be in Canadians’ best interest.
On Thursday, January 7th, 2016 CBC News posted an analysis detailing why they believe that the Toronto housing bubble is not about to burst anytime soon.