Canadian Households Need to Adjust to Higher Mortgage Rates - w/ guest Doug Porter

We are joined by BMO's chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don't expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada but not the US. Weak investment in Canada to continue with capital gains increases.

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BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.

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