Bank of Canada Eyes Real Estate to Fuel Economic Growth: Karl Schamotta

#BankofCanada #CanadaRealEstate #canadianeconomy

The Bank of Canada is targeting Canada’s real estate market to stimulate the economy in 2025 amid some major economic uncertainties, according to Karl Schamotta, Chief Market Strategist at Corpay.

Links:

Bank of Canada's rate cut aims to reignite housing market: strategist:

   • Bank of Canada's rate cut aims to reignite...  

How the U.S. election can impact the currencies:

https://www.bnnbloomberg.ca/video/sho...

Corpay: Simplifying Corporate Payments:

https://www.corpay.com/

RBC Already Calling For Another 50-Bps Interest Rate Cut In December:

https://storeys.com/rbc-interest-cut-...

Consumer price index:

https://www.statcan.gc.ca/en/subjects...

Faster move to neutral rate could help Bank of Canada fend off below-target inflation:

https://www.reuters.com/markets/rates...

Stalling economy set to miss Bank of Canada forecast:

https://financialpost.com/news/econom...

Canadian homeowners consider switch to variable rate mortgages after big rate cut:

https://www.reuters.com/markets/canad...

Gross domestic product (GDP) at basic prices, by industry, monthly, growth rates (x 1,000,000):

https://www150.statcan.gc.ca/t1/tbl1/...

Canadian economy flat in August, likely missed central bank's 3rd quarter growth forecast:

https://www.cbc.ca/news/business/cana...

Bank of Canada survey shows business, consumer sentiment remains low:

https://www.msn.com/en-ca/money/topst...

Monetary aggregates:

https://www.bankofcanada.ca/rates/ind...

Posthaste: Interest payments are now sucking up almost 20% of income for some Canadians:

https://financialpost.com/news/where-...

Trump tariff proposal could cost Canadians $1,100 per year, report warns:

https://financialpost.com/news/econom...

Trump wants to renegotiate his own trade deal with Mexico and Canada:

https://www.cnn.com/2024/10/14/politi...

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