• Hawkish turn at the Bank of Canada?
• Canadian economy heating up
• Falling oil prices and low inflation may keep Bank on hold until 2018
Mortgage Rate Outlook
For the past six months, the relative calm in the Canadian economy meant that mortgage rates were guided more by external factors than domestic ones. Most prominent has been the quieting of previously bullish sentiment on US growth and inflation, as neither the trillion-dollar infrastructure plan nor tax cuts promised by the Trump administration have been proposed, never mind passed, despite one-party control...