A report from Capital Economics suggests that there will be more government intervention to support Canada’s economy. Economist David Madani says that jobs growth has stagnated in the ‘prime’ demographic which tends to earn more; that has a wider impact he notes. Cooling inflation is one of those impacts, which may require a further cut in interest rates from the Bank of Canada. Madani forecasts that the rate cut will be in April 2016.
MBN
We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.
Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!
No comments:
Post a Comment