Jump to content

[POLL] Should Bank of Canada Raise Interest rates?


shalab
[[Template core/global/global/poll is throwing an error. This theme may be out of date. Run the support tool in the AdminCP to restore the default theme.]]

Recommended Posts

USD/CAD is at 1.335 - this is artificially high.

 

Currently the Canadian interest rate is at 1.75% a full 50-75 basis points lower than the US interest rates

 

Canadian central bank can achieve several goals by increasing the interest rates to be on-par with the US:

 

- allow Canadians to buy assets overseas more cheaply - including investing in US equities

- make imports cheaper from the US and other countries

- burst the housing bubble, making the properties more accessible to average people

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...