Bank of Canada

Canadian prosperity on the line as Poloz plays with housing fire

Ted Dickson
Wed, 04/12/2017 4:07

In our most recent market update to clients and my regular interview with Kirk Lapointe on Monday, I explained that the Bank of Canada needs to start talking about normalizing interest rates, because the economy is now growing and the rationale for having ultra low rates is evaporating. Indeed, we saw insiders anticipate the recovery in Western Canada during last fall's rebalancing of the INK Canadian Insider Index when the index make-up tilted towards Energy and Canadian retail names.

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