Don't Expect Rates to Drop... Bank of Canada Holding Firm! #Inflation

Canada, brace yourself. The Bank of Canada is not cutting interest rates anytime soon — and if you’ve got a mortgage coming up for renewal, the pain is just beginning. Inflation remains stubborn, summer job income is fuelling unnecessary spending, and rate relief is nowhere in sight. This week, Vince breaks down why the Bank of Canada is stuck, how this high interest rate environment is crushing homeowners, small businesses, and the real estate market, and what you can expect in the months ahead.For more information, be sure to visit  https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/