Major Mixed Signals From The Bank of Canada - Will Rates Go Up or Down?

Ana Almeida drops in for a quick check-in on this episode. She weighs in on the Doug Ford private jet controversy.  Scott follows with a deep dive into the Bank of Canada's latest rate decision. The messaging is anything but clear. The Bank hints that rate cuts could be on the table if a CUSMA deal stalls, but also warns that persistent high oil prices could force more hikes. It's a split signal that leaves borrowers and markets guessing.  You'll also hear Pierre Poilievre reacting to the Liberals' Spring Economic Update, along with his take on a controversial new federal measure that would allow warrantless mail searches by law enforcement. Plus, audio from Mark Carney speaking to trades workers. He stresses the urgent need for more skilled labour, but noticeably avoids mentioning a major driver many expected: new oil pipeline development.