Canada’s real estate addiction may limit the central bank’s ability to respond to loosening conditions. The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2.50% at its September meeting, as expected. Markets are pricing in more cuts, but BMO economists caution that moving too fast risks undoing recent housing market […] The post Canadian Real Estate Bubble May Resume If BoC Cuts Too Fast: BMO appeared first on Better Dwelling.| Better Dwelling
Canadian inflation slowed last month, though most people are unlikely to have noticed much savings (if any). Statistics Canada (Stat Can) data shows the headline Consumer Price Index (CPI) slowed in April. It was a result of last month’s removal of the consumer carbon tax, leading to an abrupt but temporary decline. However, a look […]| Better Dwelling