How High Will Interest Rates Rise?

Posted on Posted in Caledon, Hamilton, Liberty Village, Market Commentary, Uncategorized
The non declared $ policy, being advocated by the Bank Of Canada, has seen the Loonie drop 10% points or more within a year relative to the Greenback.  It’s anybody’s guess to how much lower the $ may drop as the interest rate spread widens between the American Fed & our  BOC.  Having a 68 cent dollar by Christmas is not an impossibility.
The winds of domestic economic change can be most vicarious.  Please take a minute to read this attached article about the housing industry & related aspects of our economy.  It would seem that  “ The Times, They Are Changing!”
https://www.theglobeandmail.com/business/economy/article-higher-rates-stricter-mortgage-rules-curbing-home-prices-but-debt/

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