
The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin
The Loonie Hour
00:00
The Unusual Central Banker's Decision to Raise Rates
We're only just now starting to see it sort of filtered through on housing construction. So Canada building permits drop 18, 19% in April to the lowest level since December of 2020. But then again, you know, maybe on the lagging side, you've still got like relatively strong GDP.
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