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Has the Recession Already Started in Canada?
Manage episode 376433943 series 3295297
The Bank of Canada holds interest rates. Q2 GDP unexpectedly contracts, defying Bank of Canada forecasts. Higher mortgage rates are starting to hit households hard. China & Germany have hit the brakes hard. The ECB could shift to the sidelines. US apartment rents are likely to contract in September, with implications on CPI.
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Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada!
https://addyinvest.ca/properties/altadore-townhomes/
Become a ONE-YEAR addyONE member for free!
Use our promo code "LOONIEHOUR"
----------
Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehour
See omnystudio.com/listener for privacy information.
152 episodes
Manage episode 376433943 series 3295297
The Bank of Canada holds interest rates. Q2 GDP unexpectedly contracts, defying Bank of Canada forecasts. Higher mortgage rates are starting to hit households hard. China & Germany have hit the brakes hard. The ECB could shift to the sidelines. US apartment rents are likely to contract in September, with implications on CPI.
----------
Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada!
https://addyinvest.ca/properties/altadore-townhomes/
Become a ONE-YEAR addyONE member for free!
Use our promo code "LOONIEHOUR"
----------
Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehour
See omnystudio.com/listener for privacy information.
152 episodes
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