Here’s why the Bank of Canada held the 4.5 per cent interest rate

BNN Bloomberg's Andrew Bell explains the reasoning why Bank of Canada Governor Tiff Macklem held the interest rate at 4.5 per cent.

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16 comments

  1. ^^How can I get more profitable investment in the market? Is this pump shorts getting wrecked and liquidated, or any indication of whale, corporate treasury buys?

    1. ​@Charity Johnson Thanks for sharing her contact information. I’m gonna reach out to her right away.

    2. Coincidentally I met Mrs Donna in a conference in Dallas. She shared me her views on the market and her strategies were really mind blowing!. I really recommend her

    3. Mrs Donna is great … she made millionaires just in 4 months of investments. Earlier, I was billionaire.

    4. @da no yeah … she is great … she can turnaround your billions into millions and millions into Thousands … very quickly. I used to dive Mercedes S class, now I drive Kia. I save lot on fuel price.

  2. Happy days are here again! You’re richer than you think! Canadians have so much cash saved and enthusiastic optimistic you can go on that family trip to Europe or have that destination wedding on the beaches of the Seychelles you always wanted!

  3. “Prices of houses have come down a lot in the last year”

    – Looks at MLS

    – This guy is either high or blind. In either case, no they haven’t.

  4. Trusting a bank is like trusting your government!! They are there only for one thing: bend you over and ………………….you know what!!!

  5. This is awesome. So basically they did not raise interest rates because of how much debt was accumulated. Wonder whose fault that was Tiff? Maybe if you did your job before by actually putting a price on capital it would have been allocated correctly. Now you have tons of useless houses that do nothing in an economy. Congrats!!!

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