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Garth Lyon Senior Mortgage Professional

Garth Lyon

Senior Mortgage Professional


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Trade dispute, housing to ‘figure prominently’ in central bank’s rate decision

6/28/2018

THINK OUTSIDE THE BOX: The impacts of both the escalating cross-border trade fight and new mortgage rules will "figure prominently" for the Bank of Canada ahead of its upcoming interest-rate decision, governor Stephen Poloz said Wednesday.

In the lead-up to his July 11 rate announcement, the bank has also kept its focus on incoming, individual-level data that shows the effects of Canada's new lending rules on the housing market and mortgage renewals. Click here to read article.

The Canadian Press June 27, 2018

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