DLC BLOG
No need to panic after rate increase

You may have already seen the more technical BANK OF CANADA RATE ANNOUNCEMENT on October 24th, or you may not have. The Coles Notes (the simplest version) are as such:

Global economy remains strong, the USMCA will reduce trading uncertainty
Canadian economy is balanced for the foreseeable 2 years
Household spending will increase, but backed by income growth
Housing activity across Canada is stabilizing
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