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The level of the overnight rate is still restrictive at 3.75% and the BoC in the press release hinted at future rate cuts will follow to support a return to stronger GDP growth.
The influx is continuing to build inventory—which is still hovering near the equivalent of four months of supply.
Canada is back at 2% inflation, but it’s too soon to pop the champagne. What’s driving prices now looks very different from before the pandemic.
“The last thing you want is for your cottage, a place of great memories, a true family treasure, to end up being a wedge that drives your family apart.”
The income earned by graduates has lagged tuition growth, particularly in fields such as engineering, architecture, and related sciences.