Bank of Canada expected to announce interest rate cut | CTV Question Period
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- čas přidán 1. 06. 2024
- Journalists weigh in on whether the Bank of Canada will make cuts to key interest rates and its political impact.
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Worst Finance Minister in history 🤡🤡🤡
Yep. Will see also take credit for tanking the economy and the jobs market, printing inordinate amounts of money, increasing government spending to new historic highs, distributing money freely, etc., that forced the Bank of Canada to hike interest rates since end of 2022?
Worst government! I guess the budget doesn’t balance itself.
Her speech: how can i stretch a simple idea into an essay
extremely annoying every time she utter a word....
Immigration cut to zero is the announcement we want to hear.
💯 😊
That is the major reason they are down by 15 points in the polls.
Key is to bring right immigrants that are required for Canada
@@anildaita Unfortunately their focus is bringing in car jackers and extortionists
Immigration is why this country hasn't tanked yet, you need cheap labour working crappy jobs to keep infrastructure moving... the real issue is government spending on wars abroad.
Freeland not even qualified to do my personal income taxes
lol news flash anyone can do their taxes.
Everyone is sick and tired of this Stupid government policies.
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So inflation is less ... what about the accumulated increase in cost of living over the last 3 years ?
Imagine a real prime minister being in office
Nothing really will make a change until the base price of everything comes down, which will never happen. We are now in freefall until wages start to balance out the cost of living which will not happen quick enough for a large portion of Canadians. The only option will be to cash out and move elsewhere...
Grocery up 40%, Rent double, mortgage payment double, car insurance payment gone up 50% because Criminals are stealing cars in Canada every 2 minutes across the country.
That is completely false.
@@flywithme7 Since Trudeau was elected in 2015? Not false at all, accurate
@@flywithme7Can you find me information to prove your claim?
@flywithme7, are you even aware of what's going on in canada 😅
@@CorporateShill66 I have had a house since 2016 in the GTA...and my mortgage has not doubled. My car insurance is also unchanged. Groceries have definitely gone up. So half false?
Interest rate come down price of house goes up use your brain and common sense Vassy, Nick and the lady
lol yea that’s not true at all
Messages accused Freeland of being "smug," "elitist," "clueless" and "entitled."
nanos is such a Liberal cheerleader
Always has been always will be
When you accept money from federal government what else would yuo expect
There's not even a big change at all. 338 still has them at 43% ahead.
Inflation is down on non-essential items, not essential goods.
Here’s a crazy idea, let’s stop printing money on our great grandchildren’s credit card so a handful of insiders can prosper
Agree
Just goes to the rich corrupt and monopolized family's of Canada. We get the inflation.
Price of housing will go up even more than usual!
Can you imagine hire Freeland to do your personal income tax you be owing money to CRA rest of your life.
The fact that she was a reporter before she became in charge of Canadas finances. This cant be real!
No interest cut PLS
Interest rate needs to go up up up or the country is over.
Yes. Anyone with half a brain knows rates have to go up in order to prevent a housing bubble and a debt bubble. BoC should raise rates a lot to fix the problems.
Sound like you own grocery store or banks
Interest rate cut? Canada has it's biggest debt in history and the government budget is to keep spending. Money printer goes Burr$$$
If the rates are cut the home prices will increase again.
Great. Should start a run on house prices again 😢
Intrest rates need to be held or raised if the goal is to lower inflation & lower home prices.
They're not lowering interest rates. You can't it will increase prices.
These guys aren't experts on this particular subject
Canadian dollar will be weak as a result of interest cut and inflation will go up.
Oh boy this is gonna hurt
In 2019 in Halifax you can buy brand new house around $459 thousand almost 2200 sq feet today same house $798 Plus thousands plus 15% HST because of greedy builders the price almost double.
That’s what happens when carbon taxes keep rising
This happened where I used to live in Ontario as well. I moved to rural nova scotia to get ahead of a pattern. Not sure whether halifax or Calgary will become Canada's next highly resented city.
Things are still way too expensive they should raise rates
The range is 2% and under
2% target in a 1 to 3% window
Grocery is still expensive
Need more competition.
Groceries not going down
There’s zero chance they will cut rates
Cuz polls are so bad, "NOW IS THE TIME TO CUT INTEREST RATES", says Mickey Mouse
If inflation worries have gone up in recent 4 weeks per the Nanos guy, there's no way BOC will cut rates because the perception of inflation is still there and cutting rates will make the inflation go up again.
Essentials went up, including food and gas. What went down and skewed the data is that clothing and furniture went down. This is disgusting.
Remember that the budget was balanced when Trudeau became PM and the interest rate is 2%. Trudeau will be remembered for his incompetence.
Harper ended selling a bunch of assets at a loss to balance that budget . Anyone can balance a budget that way . Heck you can get a surplus like that just sell all federal land done .
Both Trudeau & Freeland are definitely incompetent, but neither are trying to build or protect this country….they are trying to destroy it!
I guess when you pick and choose what goes into the CMI basket to calculate inflation, you can claim its down.
Big mistake !
Stop cutting the interest rates.
If the interest rate come down then Price for shoe box condo in downtown Toronto will go up $60 to $80 thousands out of reach for Millions young Canadians born in Canada.
That makes absolutely no sense.
Imagine having a finance minister that actually had a finance degree, and not in Russian history.
Canada is in big financial trouble, Canadiand will feel the pressure when most of the mortgages renew later this year , and our finance minister is a dumbo
Compare gold prices to our real estate and you will see the truth
Hold rates and increase domestic production. Let keep our raw materials home
Who in the hell are they polling? Trudeau should have single digit support.
Rate cuts are the final nail in the coffin for liberals.
Keep the party going baby
There’s nothing that could happen that could change my vote intention!
Me too. I wouldn't vote for those hate-filled Conservatives if you paid me!
how about cut the spending and tax instead of rate?
Housing should have never been the investment market it's been. Don't have any sympathy for those who bought up a bunch of houses at the detriment of those who just want an affordable place to live.
No mention of H.R. 8421 ?
the bank has no choice but to cut the rate because every private equity/hedge fund is betting our future on it.
Trudeau and Freeland will take this as a win. Markets have factor in a rate cut. The reality rate cuts still hides the drivers of inflation like low productivity, lack of affordability housing, low innovation, skills gap, etc.
Interest rate cut before the FED? The loonies are doomed.
It’s important to remember that Poilievre says he would interfere with the independence of the bank of Canada to manipulate interest rates for his own political advantage.
It's important to remember a lot of things about that weasel and his cronies.
IS the interest up for to cut before the next elections
The Finance Minister does not have a clue what she’s saying, you can tell when someone making up information or who has no confidence in what they’re saying.
Nah, no rate cut coming.
before you cut interest rate you guy's should regulate the real estate so they don't spike the house price! they are the culprit.
Let's all borrow send and claim bankrupt
And let the loonies fall were ever
That would be a cool thought if we hadn't saddled a bunch for Canadians with special debt that lasts through a bankruptcy.
How come true doesn’t do anything about climate change?
How come Trudeau doesn’t do anything about climate change? His government is a bunch of idiots.
This is, by far, the worst government in canadian history. Elect a bunch of clowns, expect a circus.
This early? Home prices hasn’t crashed yet.
if they cut the rates the rate of inflation will raise prices again
Rough night that mop is all over the place!
They will they won’t they will they won’t
Inflation declines if the government cuts cost.
1:53 tout va bien Claudie?
11.2 cool
Lost decade of zero gdp growth/ only producing defecits and stagflation. Fugazi Fugasi
Lol, this will fuel housing inflation.
🤔
Canadians tax payers paying more then $1 billion a week interest payments only on total debt $1.99 Trillion Trudeau and Freeland created since 2020.
Yeah, this commenter gives the real economic picture...but its very likely imo that rates will start coming down next wednesday.
Usa 34 trillion dollar's in debt😂😂
Yiddish if ya ask me
Cut those rates! Need those property prices to stay elevatwd
Why do they make up new language to sound smarter than everyone else? 25 bases points? Price point?
25 bases point = 0.25%. The language has been there all the time, unfortunately. Just classic central bank language / "speak"
What? Look at investopedia. It's always been used. It's 25 BASIS points, not bases points.
100 basis points = 1%. So 25 basis points = 0.25%.
It's always been used to describe a rate of change.
Condos market in Toronto down big time since 1999. The condos on the market for more then 8 months no offers.
That's because of speculation. An artificially valued asset is more valuable than actual liquid money.
The asset can get turned into leverage for loans that may or may not pay off.
Empty condos are insurance for venture capitalists.
25 basis points is a safe move
We need even higher interest rates, higher inflation rates, and higher immigration rates.
You sounds like you are living on Social Assistance. You don't care about Middle Class Suffering
Canadas economy is going strong. For what reason would The bank consider it?
no it's not
Start reading buddy
@@Ntass1 once mass layoffs and defaults start then the bank will move
@@Ntass1 unemployment still at record average levels. Nothing is indicating for the banks to lower it. Maybe you need to learn about history kid
Stop cutting the interest rate.
seems you are living on Social assistance. you don't care on Middle Class suffering
The bank of Canada is just an extension of the liberal puke government 🙄.