Tag: oil prices Canada
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Bank of Canada Warns Consecutive Rate Hikes Could Return if Oil Prices Stay High
Canada’s interest rate outlook may not be as stable as it seemed just days ago. While the Bank of Canada held its benchmark rate at 2.25%, Governor Tiff Macklem is now warning that rate hikes could return if oil prices continue to surge. Rates Held – But Risks Are Rising The central bank has now held rates steady for the fourth…
Canada Housing Market 