Holding Steady Amid Global Shifts
The Bank of Canada held its policy rate at 2.75% this week, signaling a cautious approach amid shifting global trade dynamics and cooling inflation. With GDP expected to slow, unemployment on the rise, and inflation at its lowest level in months, partly due to the removal of the Consumer Carbon Tax. Governor Tiff Macklem emphasized the need to monitor evolving trade policy before making further moves.
Dive into this month’s Chartbook for a closer look.
Connect with Us
As always, your financial well-being is our priority. If you have any questions or would like to discuss anything related to the Chartbook, our Portfolio Managers and dedicated team members are here for you. Feel free to reach out, and let’s navigate the markets together.
Your team at OceanFront Investment Counsel Inc.
