Bank of Canada to raise rates 25 basis points on July 12, possibly the last: Reuters poll
www.reuters.comThe Bank of Canada will raise interest rates by a quarter-point for a second straight meeting to 5.00% on July 12 following a five-month pause earlier this year and then hold well into 2024, according to a majority of economists polled by Reuters.
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Looking at the construction industry in Quebec, builders aren’t building anything… There’s zero clients right now…
Meanwhile in Ontario there’s not enough labor in construction.