Episode 17: Is Canada's economy FINALLY on the rebound?

Is Canada’s economy finally on the rebound? Today, the Bank of Canada held its key interest rate at 5%, with some saying this is the floor for both the real estate market, and the beginning of a general holding pattern for part of 2024. Economists are projecting interest rates to begin dropping in mid 2024, with a settling point around 3% for the key interest rate, and ultimately, the finish line for the Bank of Canada in hitting its target inflation rate of 2%. Will Canadians be able to survive in spite of rising cost of living and high mortgage qualifications? We dig for answers in Episode 17 of The Bill Kelly Podcast with Marvin Ryder, Professor with the DeGroote School of Business at McMaster University. New episodes now 5 DAYS A WEEK, Monday to Friday! #interestrates #bankofcanada #tiffmacklem #affordabiliity #housing #costofliving #billkellypodcast #marvinryder #mcmasteruniversity #canada #canadalife Listen to this podcast everywhere: https://kite.link/the-bill-kelly-podcast Watch the interview by subscribing to our YouTube: https://www.youtube.com/@TheBillKellyPodcast Subscribe to my Substack for free news updates straight to your inbox and exclusive paid content billkelly.substack.com Connect with me on socials: @ThisIsBillKelly https://twitter.com/ThisIsBillKelly https://www.linkedin.com/in/thisisbillkelly/ https://www.instagram.com/thisisbillkelly/ This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit billkelly.substack.com/subscribe