spring

Key interest rate: cuts in spring would be a bit too quick? See an expert’s opinion

Near recession, zero growth in Canada, gloomy economic growth forecasts for 2024: All indicators pointed to the Bank of Canada not raising its key interest rate on Wednesday, but when are the cuts expected? • Also read: The Bank of Canada decides to take another interest rate break Even though the increases so far seem … [Read more…]

Interest rates: good news in spring 2024?

According to Statistics Canada, Canada’s gross domestic product (GDP) fell 1.1% in the third quarter. These figures point to stagnation in the economy, explains Benoît Durocher, senior economist at Mouvement Desjardins. • Also read: By early 2024, real estate prices in Canada could fall by 10% • Also read: What will the real estate market … [Read more…]