In this episode, we break down what to expect from the Bank of Canada's upcoming interest rate decision. With weak economic growth, rising unemployment, and inflation below target, many predict a larger-than-usual cut could be on the way. But will it really impact mortgage rates, or has the effect already been priced in?
Also in this episode: Toronto’s new condo sales hit a 30-year low, with investors pulling back due to high interest rates, causing financing issues for builders and leading to project delays or cancellations.
This content was originally posted on the Beavis Wealth YouTube Channel