Unless BoC cuts rate by 50 basis points, a 25 basis point won't even matter because nobody is getting off that fence for major purchases and decisions, the unemployment will continue, defaults will increase, bankruptcy will continue to accelerate, and residential mortgage holders will be flying over the cliff. New governor needed with common sense.
If they lower it by 0.25 it will make no difference we need a .50 or .75 to make any difference.
It has been a .75 since they started..so they are getting there
Hard to go shopping when all your expenses have doubled. The only important things interest rates mean now are to people who are buying houses.
Unless BoC cuts rate by 50 basis points, a 25 basis point won't even matter because nobody is getting off that fence for major purchases and decisions, the unemployment will continue, defaults will increase, bankruptcy will continue to accelerate, and residential mortgage holders will be flying over the cliff. New governor needed with common sense.
It's only about is it going to be 25 points or 50!!
I know, man why don’t they talk to us like adults not schoolchildren
These ppl have a lot more confidence then the ppl I speak with.
Idk rates are but lower it by 1%
Recession full fledged. .50 points is give, if not . 75
This person is talking yo us like a child, wow come on, it’s a business channel
Canada is currently in a recession and potentially a depression before the election
Rates 10% end of 2025.
We need it