Rates Are Shifting, How Will It Affect Ontarians?
from Make Money Count Hosted by Cannect Inc.
A Bank of Canada rate hike looks likely next week. In this episode of Make Money Count, Marcus and Justin look at what is driving the decision, including Governor Tiff Macklem's October 19 speech and September CPI at 3.1%. We also cover: Why the Bank of Canada's tone shifted so quickly What rising mortgage arrears in Ontario may signal about household finances Alberta's recent vote and what it means for the wider economic picture How higher rates could affect Canadians with renewals or purchases coming up Watch till the end for the full breakdown. #CanadaMortgage #MortgageRates #MortgageTalk #Cannect #MakeMoneyCount #CanadianEconomy
Embed this episode
No transcript yet.