Wed. Dec 4th, 2024

Bank of Canada to Deliver More Rate Cuts

Bank of Canada to Deliver More Rate Cuts

Canada's third quarter GDP softens in Q3 well below the Bank of Canada forecast. The unemployment rate is expected to rise next week. It's taking Canadians longer and longer to find a job. Rate cuts will continue in December. The pre-sale market looks terrible in the Toronto area. Home sales in Vancouver are recovering but remain soft.

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