Scotiabank's Chief Economist Jean-François Perrault discusses the Bank of Canada's recent decision to maintain interest rates, predictions for a possible rate cut in September, the impact of housing market on inflation, geopolitical risks, U.S. inflation numbers, low productivity risks, and the influence of the weak loonie. The podcast analyzes economic factors influencing rate decisions and government spending impact on the economy.

Join Tracy Gomes, Senior VP of Real Estate Secured Lending at Scotiabank, and Jean-François Perrault, Chief Economist at Scotiabank, as they dissect the current Canadian housing market. They discuss recent buyer-friendly regulations and rising optimism for the spring season. Learn how immigration policies might impact demand and what sentiment is like from those active in real estate. They also ponder what buyers should consider when diving into the market this spring, amidst a backdrop of fluctuating interest rates and construction dynamics.

Join Chief Economist Jean-François Perrault from Scotiabank and Chief Investment Strategist Myles Zyblock from Scotia Global Asset Management as they explore the post-election economic landscape. They dissect how U.S. election outcomes could sway stock markets and discuss the bullish vs. bearish implications for global growth. Delve into the consequences of Canada's immigration policy on labor and housing, and uncover the transformative role of AI on economies and jobs. Plus, hear why Myles has a keen interest in gold's market dynamics!

Join Jean-François Perrault, Scotiabank’s Chief Economist, as he discusses the Bank of Canada’s surprising 50-basis-point interest rate cut. He explains the unusual nature of this decision and its motivations amid inflation concerns. The conversation covers how Canadians and businesses will feel the impacts, and the timeline for these changes to take effect. Perrault also shares potential risks that could reverse inflation trends and offers insights into the economy’s outlook for 2025. Tune in for key takeaways every Canadian should know!

Jean-François Perrault, Chief Economist at Scotiabank, shares insights on the recent 25-basis-point cut in Canada's interest rate, the third consecutive reduction. He discusses its positive implications for borrowers, inflation trends, and the housing market. Perrault also explores the expected decisions for 2024-2025 and their potential impacts, including rising unemployment due to an expanding labor force. Additionally, he touches on trade tensions with China and how they may influence the economy amidst changing interest rates.