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Despite the Signs of Relief, the Bank of Canada Tells Us to Sit Tight as They’re Still ‘Concerned’ about Inflation

The Bank of Canada held its policy rate at 5%, and the implications are sending ripples through our economic landscape. In his recent commentary, Andrew DiCapua, our Senior Economist, breaks down the key takeaways and what they mean for businesses.

As we approach 2024, there’s talk of interest rate cuts, but caution is still advised. Rising costs, the housing market, and the intricacies of GDP growth could play significant roles. Dive into the full commentary for a nuanced understanding of how these decisions impact our business terrain.


Read the commentary here

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