by KevinBell | Jan 4, 2023 | Bank of Canada, Mortgage, Rates
Happy New Year. In 2022 we had the Bank of Canada raise their overnight rate by 4% to 4.25% to reduce inflation. As a result, the economy is in much different position than when we entered 2022. Starting with the forecast of the major Canadian banks, we can see...
by KevinBell | Sep 7, 2022 | Bank of Canada, Rates
Last year, the Bank of Canada and central banks globally were committed to the idea that inflation was transitory and once supply chain issues were resolved prices would return to normal. In Canada this was especially strange given the Bank of Canada only mandate was...
