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Mortgage solution, Simplified


Bank of Canada signals rates could rise even in a slowdown
Most people think a slowing economy = lower interest rates. ☝️ The Bank of Canada just told us that's not guaranteed anymore. When the economy slows down because of tariffs and trade wars — not because people stopped spending — you get a weird situation. Prices stay high. Growth slows down. At the same time. If the BoC cuts rates in that environment, they risk making inflation worse. So they're stuck. They can't just hit the gas pedal like they normally would. What does that
Nor Yu
Mar 51 min read
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