Iran, CUSMA: What they mean for the Bank of Canada and the housing market Global tensions, rising oil prices are compounding the uncertainty for investors The Calgary/Alberta outlier What ...
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
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Source: Yahoo! Finance Canada
Agreement (CUSMA) and reducing the already slim chances of a Bank of Canada (BoC) rate cut later this year. Any combination of a protracted Middle East conflict and higher tariffs would likely slow real estate activity further. But even a quick resolution of the Iran war and a positive CUSMA review outcome wouldn't bring about a dramatic rebound, says Randall Bartlett, Desjardins Group's deputy chief economist. ”We're in a situation now where it's a bit of a stalemate,” he told Yahoo Finance Canada in an interview. “Certainly, it's going to be a slow grind higher for the next couple of years.” Economists widely expect the BoC to keep its policy rate at 2.25 per cent on Wednesday. Beyond that, uncertainty abounds. Odds of a cut later this year faded against the backdrop of the Iran conflict — then last week's weak job market data have prompted some economists to push back on the idea of a rate hike to counter inflation pressures. A boost for the housing market via lower borrowi
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Sec Filings
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- 3/2/26 - Form 10-K
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